Polymarket gives 89% chance of the GENIUS Act becoming law in US by 2026.
From Cointelegraph
June 19, 2025 6:33:00 pm:
Cryptocurrency users are optimistic about the passage of the GENIUS Act to regulate payment stablecoins in the US, with Polymarket showing an 89% chance of it becoming law by 2026. The bill passed in the Senate and is now heading to the House for further consideration.
The GENIUS Act could pave the way for US companies like Apple and Google to issue their own stablecoins for transactions. There are concerns over potential amendments in the House related to Trump’s ties to the crypto industry. Meta has been questioned about its plans if the bill is signed into law.
President Trump has expressed support for the GENIUS Act and indicated he would sign it without any additions. The bill’s fate in the House is uncertain, with Republicans holding a slim majority. The CLARITY Act, which clarifies financial regulators’ roles in digital assets, has also advanced in the legislative process.
The odds on Polymarket reflect users’ willingness to bet on the bill’s outcomes but do not guarantee its passage. The platform shows the high level of interest and engagement within the crypto community regarding the future of stablecoin regulation in the US.
Read more at Cointelegraph.com
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