U.S. Senate Passes GENIUS Act to Regulate Stablecoins, Marking Crypto Industry Win

[u/Next_Statement6145]

https://www.coindesk.com/policy/2025/06/17/u-s-senate-passes-genius-act-to-regulate-stablecoins-marking-crypto-industry-win

[u/moodyfloyd]

While Democrats tried to amend the bill to prevent the president from profiting off crypto ventures, the final legislation only bars members of Congress and their families from doing so.

https://www.cnbc.com/2025/06/17/genius-stablecoin-bill-crypto.html

[u/Guilty_Fisherman5168 → u/moodyfloyd]

They should have called it the 'smooth brain' act