Statement Following Cloture Vote on GENIUS Act

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.”