Stablecoin regulation bill easily moves toward full Senate vote
Infotrafic
June 11 (UPI) -- The U.S. Senate overwhelmingly advanced legislation for a regulatory method for payment with stablecoins. The cloture, which ended debate, was approved 68-30 , including 18 Democrats. It clears the way for final approval for the Guiding and Establishing National Innovation for U.S. Stablecoins Act, or GENIUS. Two Republicans, Rand Paul of Kentucky and Josh Hawley of Missouri, voted no. A stablecoin, which supporters say is a type of cryptocurrency designed to maintain a stable
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