The following statement is attributed to Blockchain Association Interim CEO and Head of Policy Sarah Milby following today’s cloture vote on the GENIUS Act:
“The Senate’s cloture vote tonight on the GENIUS Act marks a meaningful step toward establishing clear, commonsense rules for stablecoins. This bipartisan progress reflects the growing recognition of the need for a regulatory framework for stablecoins that supports innovation, ensures consumer protection, and reinforces U.S. leadership in digital assets. We welcome the continued progress and debate on this important legislation.”
