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U.S. Senator: "Stablecoin bill and digital asset market structure bill must be passed within this year"

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Suehyeon Lee
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  • U.S. Republican Senator Cynthia Lummis has called for the passage of the stablecoin regulatory bill and the digital asset market structure bill within the year.
  • The GENIUS Act has already passed the Senate and is now awaiting a vote in the House.
  • The passage of the bills, depending on policy changes, is expected to have a significant impact on the investment environment.
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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.
Photo=CNBC Video Capture
Photo=CNBC Video Capture

Cynthia Lummis, a Republican Senator from the United States, has called for the passage of the stablecoin regulatory bill, the GENIUS Act, and comprehensive digital asset (cryptocurrency) market structure legislation within this year.

According to CryptoNews on the 26th (local time), Senator Lummis appeared on CNBC's Squawk Box the previous day and said, "The GENIUS Act and the digital asset market structure bill must be passed within this year."

Previously, the GENIUS Act passed the Senate by a vote of 68 to 30 on the 17th and is currently awaiting a vote in the House.

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Suehyeon Lee

shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.

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