U.S. Senate Passes GENIUS Act in 51-23 Vote

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The U.S. Senate passed the GENIUS Act on June 17 with a 51-23 vote, making it the first major crypto legislation to clear the chamber. The bill represents a significant step toward establishing clearer rules for the digital asset industry. It now moves to the House of Representatives, which must decide whether to move forward with its own version or adopt the Senate’s. The decision could play a key role in shaping future U.S. crypto regulations.