<ul><li>The Senate is voting on the GENIUS Act, aimed at regulating stablecoins by establishing clear oversight rules.</li><li>Senator Thune filed cloture to move the legislation forward with bipartisan support, requiring a 60-vote threshold for advancement.</li><li>The previous Senate vote showed strong bipartisan support with a 66-32 vote; now, Wednesday's vote requires 60 votes for progress.</li><li>If successful, the bill could progress quickly towards final approval, with the crypto industry viewing this as a significant step in digital asset regulation.</li></ul>

Senate Is Voting Wednesday on GENIUS Act to Regulate Stablecoins

Discover more