The Genius Law, the main draft law that aspires to bring clarity to the Stablecoin sector, Pass The first major procedural obstacle.
It is worth noting that 16 democracy joined the Republicans in the vote. This indicates that Crypto still acquires support from both parties.
“Many of the steps to go to, but the early historical victory on the way to obtaining the Stablecoin Bill was launched in the law,” said Farrar Sherzad, the chief policy in Coinbase, on a social media.
He said: “Crypto again appears as the largest issue of the two parties in playing on the hill.”
Brian Armstrong, CEO of Coinbase, stated that he is a “great encoding.”
“A great victory over Crypto and the future of innovation in the series in America! Thank you to all the members of the Senate who voted in his favor,” he said.
