Summary
- It has been reported that the U.S. Senate may decide on the passage of the stablecoin bill, the Genius Act, within this week.
- There is a possibility of bipartisan agreement on the amendment to the Genius Act, and a vote may take place before the 9th.
- Consensus has been delayed, as some senators are including unrelated issues in the bill.
Attention is focused on whether the stablecoin (virtual assets linked to the value of fiat currency) bill, the Genius Act, could pass within this week.
On the 2nd (local time), Cointelegraph, a media outlet specializing in virtual assets (cryptocurrency), reported via X (formerly Twitter) that “negotiations are ongoing regarding the amendment to the Genius Act, and a vote may take place before the 9th,” adding that “as a result, a bipartisan agreement on the Genius Act may be reached this week, and its passage could be decided.”
Currently, the Genius Act has yet to reach consensus during the amendment drafting process, as some senators are inserting unrelated issues into the bill.
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
