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Stablecoin Bill: GENIUS Act Heads For Cloture Vote on May 19

CoinGape LogoCoinGape15h ago

Stablecoin Bill: GENIUS Act Heads For Cloture Vote on May 19 - CoinGape

Quick Summary:

The United States Senate is preparing for a crucial vote on the Stablecoin Bill, dubbed the GENIUS Act, this coming Monday.

In her latest post on X, American Journalist Eleanor Terrett reported that Senator Thune had officially filed for cloture on the GENIUS Act, setting the vote for May 19.

The bill also seeks to stop risky practices by requiring full transparency from stablecoin companies.


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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-15 @ 20:42:32 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 460 words

Reading Time: 3 minutes read

Sentences: 33 lines

Sentence Length: 14 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28734694

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About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 27 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Stablecoin Bill: GENIUS Act Heads For Cloture Vote on May 19" was covered 15 hours ago by CoinGape, a news publisher based in India.

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  • URL: https://druggeries.beamstart.com/news/stablecoin-bill-genius-act-heads-17473423279633

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