Young
@vantrong35
The U.S. Senate voted 68–30 to invoke cloture on a substitute amendment to the GENIUS stablecoin bill, clearing the way for a final vote as early as next Monday unless party leaders agree to shorten the debate period. The bill requires stablecoins to be fully backed by U.S. dollars or similarly liquid assets and mandates annual audits for issuers with a market capitalization exceeding $50 billion.
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