Crypto lobbying groups are pushing the US Senate to pass the GENIUS Act, a stablecoin-regulating bill, without amendments. This move aims for swift progress, but faces potential roadblocks. Here’s a breakdown of the situation and its implications.
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Crypto Lobby Pushes for Swift Passage of Stablecoin Bill Amid Amendment Concerns
Crypto lobbying groups are urging the Senate to pass the GENIUS Act stablecoin bill quickly, as potential amendments threaten to delay its progress and introduce unrelated political issues.