<ul><li>The Senate advanced the GENIUS Act with a 66-32 procedural vote, moving it closer to final passage.</li><li>The GENIUS Act proposes a comprehensive framework for regulating stablecoins in the United States.</li><li>The bill requires stablecoin issuers to maintain 1:1 reserves backed by U.S. dollars.</li><li>Key leaders in the crypto industry have backed the GENIUS Act push, believing it will reshape the stablecoin sector and bring clarity to regulations.</li></ul>

Senate Pushes GENIUS Act Forward, Will It Reshape Crypto Forever?

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