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new stablecoin billCoinGape
•Business
Business & Economics
76% Informative
The U.S. Senate is preparing for a crucial vote on the Stablecoin Bill , dubbed the GENIUS Act , this coming Monday .
After several delays, the bill is finally moving forward with a cloture vote’ scheduled by Senate Majority Leader John Thune .
The decision marks a turning point for stablecoin regulation in the country, a development that has also drawn national attention and renewed urgency among lawmakers.
The House has already passed a similar stablecoin bill called the STABLE Act .
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