US Senate passes GENIUS Act to advance US as global crypto leader.

From Cointelegraph

June 17, 2025 5:52:00 PM:

The US Senate voted 68-30 to pass the GENIUS Act, bringing the US closer to becoming a global crypto leader. The bill aims to allow businesses and Americans to settle payments instantly. The bill initially failed a cloture vote in May due to Democratic opposition over Trump’s ties to the crypto industry.

Lawmakers in the House are awaiting a vote on the CLARITY Act to establish market structure rules for digital assets. The bill has passed through committees and is expected to be voted on soon. Some Democrats oppose the bill due to concerns over Trump’s crypto connections. Public Citizen calls the bills a legitimization of a “massive scam.”

Read more at Cointelegraph: US Senate Votes To Pass GENIUS Stablecoin Bill