Senate Banking Committee approves the pro-crypto GENIUS Act despite Warren's hysterics.

Senate Banking Committee smacks down Elizabeth Warren, approves the pro-crypto GENIUS Act despite Warren's hysterics.

The crypto industry is one step closer to having a clear stablecoin regulatory framework after the committee approved the GENIUS Act.

The act, which stands for Guiding and Establishing National Innovation for U.S. Stablecoins Act, creates a comprehensive regulatory framework for stablecoins and ensures they can be a widely accepted payment option. https://x.com/CollinRugg/status/1900610165310976287