PANews reported on March 25 that according to Crypto in America, the White House is actively pushing the GENIUS Act to enter the Senate for deliberation as soon as possible, and strives to be signed into law by President Trump within two months . The bill passed the Senate Banking Committee on March 13 with a vote of 18 to 6, and intends to establish a regulatory framework for payment stablecoins pegged to the US dollar. The House version of the STABLE Act will begin deliberation on April 2, and the White House hopes that the Senate version will gain enough support to push the House of Representatives to pass it directly and avoid the legislative negotiation process.
White House pushes to bring stablecoin legislation to Senate floor next month
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