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Fox News Denius Active, who said that the chairman of the banking committee is digital, Fox News Denius Active, the bill is “the first type” as the Senate.
Senate leads and set up a national innovation for the US Stablecoins (Genius) law on Saturday Landmark Crypto Legislation Faced with a number of obstacles before being done on the finish line in the upper house.
One of the greatest lawyers of the bill is the chairman and past of the Senate Bank Committee Presidential candidate Tim ScottRs.C. Scott, Genius Active, who led the bill through Democratic support, Genius Active, after the bill, said the Senate in an exclusive interview with Fox News Digital.
Senator Tim Scott, Rs.C., Washington, DC, speaks at the approval meeting on February 27. (Hand through Drago / Bloomberg Getty Images / Getty Images)
“By doing something that was never done in the history of the country, Scott explained.” This is more about democratization or more about the Republicans. This can allow the only mothers to reduce the costs of this digital economy and use these dollars to use other priorities. “
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Senator Bill Hagerty, Billisan Bill presented by R-Tenn., After the Democrats, Senate faced difficulties on the floor of the floor blocked the bill In early May. Most of the Senate, the leader John Thune, R-South Dakota, thinks that it is because they want to deny the Republicans, think they think they are just democrats because they want to deny the Republicans or President TrumpA bipartisan victory “during voting last month.
The main component of the legislation is set up a signal for Congress and the Federal Government cryptist, a regulatory database for payment stablecoins.
Treasure Secretary Scott Bessent He canceled the legislation on Tuesday.
Washington, DC – March 07: US Treasury Secretary Scott Bessent and US President Donald Trump, White House on March 7, 2025 during the peak of the White House in the State Dining Catering DC. Trump s caught (Anna MoneyMaker / Getty Images / Getty Images)
“Stablecoins’s latest reporting projects can make a $ 3.7 trillion market until the end of this decade,” Bessent Sent to x. “This scenario is more likely with the passage of Genius law.”
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The bill is going home now and pass the bottom ward, the president will be winded. Senator Tim Scott said he was optimistic from Fox, Genius promised to sign the law until August.
“It means that we are working out of the Senate and work part of our work, which I have managed the most and celebrate in the country,” Scott Fox News Digital. “And then the house begins to work to understand this process. I believe that we will announce the President’s signature on the legislation until August.”
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Industry leaders gathered around the bill, because the Solana Politics Institute and the Former Blockchain Association President Kristin Smith, Fox News Digital Statement of “Unlock Great Capacity Building”.
“This genius movement will form clearly for stablecoins,” Smith said, “Smith will unlock, unlock very great potential for more efficient payments and financial services,” Smith said. “We welcome the senators and employees who champions of the senators and the champion of this critical framework, and we expect the fast movement at home to get it on this finish line.”
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The schedule of a housekeeper is not clear, but the Senator Scott and Trump will play a role in the process to achieve the genius law signing the law.
