U.S. Senator: Stablecoin Legislation GENIUS Could Receive Senate Approval as Early as Next Week

BlockBeats News, May 17th. According to Republican Senator Bill Hagerty and Democratic Senator Kirsten Gillibrand, who advocate for stablecoin regulation, despite a recent setback, the U.S. legislation aimed at regulating stablecoin issuers, the Guidance and Examining Nonbank Innovators in the United States (GENIUS) Act, may enter the debate and approval phase as early as next week.