House Passes GENIUS Act With 308-122 Vote to Regulate Stablecoins






The U.S. House of Representatives passed the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS Act) with a 308-122 vote, a landmark bill regulating the $250 billion stablecoin market. The House passed the GENIUS Act today. Aimed at making the U.S. the โ€œcrypto capital of the world,โ€ it mandates stablecoin issuers to maintain 1:1 [โ€ฆ]

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