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Revised GENIUS stablecoin bill heads to senate, bars Big Tech from issuing tokens – TON BOT

Revised GENIUS stablecoin bill heads to senate, bars Big Tech from issuing tokens

The US Senate is set to vote on an updated version of the GENIUS Act, a stablecoin-focused bill that addresses concerns raised by Democratic lawmakers. Key amendments aim to tighten regulatory controls and reinforce national security protections, while also preventing non-financial companies from issuing stablecoins without meeting strict conditions. Crypto industry advocates are mobilizing to support the bill, emphasizing the need for clear regulatory rules in America.


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