U.S. Senate passes procedural motion, GENIUS stablecoin bill enters formal review stage

Crypto 7x24

2025-05-20 10:15:47

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According to online reports, FOX Business reporter Eleanor Terrett issued an article saying that the U.S. Senate voted to pass the "cloture motion" to enter formal review of the GENIUS Act. At least 15 Democratic lawmakers changed their positions and voted in favor, including Cortez Masto, Adam Schiff, Mark Warner and others. The bill will now enter the full review process.

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