Crypto Game
  • Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Metaplanet Acquires $118M in Bitcoin During Market Dip

    Whale Transfers $118M Bitcoin from Binance to New Wallets

    Strategy Enters Top 10 U.S. Bitcoin Treasuries

    El Salvador Halts Bitcoin Purchases Amid IMF Grievances

    IMF Confirms No New Bitcoin Purchases by El Salvador

    IMF Confirms No Bitcoin Purchases by El Salvador

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    Pi Coin Shows Bullish Signs Amid Exchange Inflows

    SharpLink Stock Plummets 20% Amid Ethereum Accumulation Strategy

    SharpLink Shares Drop 20% After $6 Billion Stock Sale Increase

    Trump-Connected WLFI Token to Begin Trading

    Trump-Endorsed WLFI Token Trading Announcement

    Abstract Chain Seeks New Funding, Emphasizes Community Involvement

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

US Senate Advances GENIUS Act Towards Cloture Vote

Solomon M. by Solomon M.
June 10, 2025
in Latest News
Key Takeaways:
  • Main event, leadership changes, market impact, financial shifts, or expert insights.
  • US Senate advances stablecoin legislation.
  • Impact on stablecoin issuers and regulations.
us-senate-advances-genius-act-towards-cloture-vote
US Senate Advances GENIUS Act Towards Cloture Vote

In a significant legislative move, the US Senate is nearing a vote on the GENIUS Act, introduced by Senator Bill Hagerty and advanced by Senator John Thune. This bill focuses on stablecoin regulation and has proceeded to the Senate Banking Committee for review. The upcoming cloture vote will determine the limitation of debate, potentially leading to a final decision.

We are making significant progress on the GENIUS Act, and I encourage my colleagues to support this important legislation for stablecoins and consumer protection,” Senator John Thune, U.S. Senator, United States Senate.

The GENIUS Act aims to regulate stablecoins, dividing oversight between federal and state levels. With support from the Commodity Futures Trading Commission and the Securities and Exchange Commission, the act targets issuers of significant payment stablecoins. This move could reshape crypto regulations. The bill includes Amendment #2307, which allows smaller stablecoin issuers to choose state-level regulation while requiring federal oversight for larger entities. This amendment balances the interests of banking and crypto industries.

The potential passage of the GENIUS Act could substantially influence the market for stablecoins like USDT, USDC, and DAI, particularly affecting the cryptocurrencies and platforms that underpin them, such as Ethereum. These changes could usher in a new regulatory landscape. The crypto and financial sectors are keenly observing as the US Senate pushes the GENIUS Act forward. Stablecoin regulations are at stake, and federal oversight may become more pronounced if the act passes. The upcoming Senate vote carries significant weight for the future of digital asset regulation.

The GENIUS Act’s implications extend beyond regulation to potential shifts in financial inclusion and technological innovation. By establishing clearer guidelines for stablecoins, the bill could enhance market stability and promote more informed investment decisions. Historical regulatory changes, such as those seen with the Infrastructure Act and MiCA in the EU, often lead to initial volatility but introduce long-term stability in the digital asset sector.

Disclaimer:

The content on The CCPress is provided for informational purposes only and should not be considered financial or investment advice. Cryptocurrency investments carry inherent risks. Please consult a qualified financial advisor before making any investment decisions.

Previous Post

Senate To Vote on GENIUS Act Targeting Stablecoins

Next Post

Senate Moves Forward with GENIUS Act Vote

Solomon M.

Solomon M.

Related Posts

Crypto Price Changes Impact BTC, ETH, XRP, SOL

by Solomon M.
July 20, 2025

Discover the latest price shifts in Bitcoin, Ethereum, XRP, and Solana as expert insights reveal market dynamics.

The GENIUS Act Signed into Law, Regulatory Changes Ahead

by Solomon M.
July 20, 2025

The GENIUS Act, signed by President Trump, initiates a new regulatory framework affecting U.S. stablecoins and digital assets.

GENIUS Act Enacted: Impact on XRP, RLUSD Discussed

by Adriana M.
July 20, 2025

GENIUS Act signed by Trump may affect XRP, RLUSD following new regulatory frameworks.

SEC Proposes US-UK Crypto Sandbox for Innovation

by Adriana M.
July 20, 2025

SEC's Hester Peirce proposes US-UK crypto sandbox to enhance regulatory cooperation and innovation.

Brian Armstrong Advocates Fortune 500 Stablecoin Integration

by Solomon M.
July 19, 2025

Coinbase CEO Brian Armstrong calls for Fortune 500 stablecoin adoption, highlighting its trillion-dollar potential amid regulatory clarity.

Brian Armstrong Advocates Stablecoin Integration by Fortune 500 Companies

by Solomon M.
July 19, 2025

Brian Armstrong calls for stablecoin adoption among Fortune 500 companies amid new U.S. legislation.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.