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Senator Lummis: White House Backs GENIUS Act and Stablecoin Legislation

  • Senator Lummis highlighted recent legislative efforts in the crypto space.
  • The Senate passed the GENIUS Act focused on creating a stablecoin framework.
  • Lummis emphasized the importance of both stablecoin legislation and the GENIUS Act passing this year.
  • Bipartisan support is growing, and stablecoin legislation could be a significant win in U.S. federal law.

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