Big news for crypto! The U.S. Senate is working on a new law about stablecoins. Stablecoins are like digital dollars – they're supposed to always be worth about $1. This new law will help make sure they're safe and fair.
- The Senate committee voted to approve a bill called the GENIUS Act.
- This bill makes rules for companies that make stablecoins.
- It wants to make sure stablecoins are safe and don't cause problems.
- Some senators worried the rules aren't strict enough, but others think it's a good start.
Fact | Detail |
---|---|
Vote Result | 18 to 6 in favor |
Next Step | Full Senate vote, then House vote |
Goal | Create clear rules for stablecoins |