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U.S stable coin GENIUS bill could go for cloture procedure for a second time on 19th of May, 2025
U.S. lawmakers are reportedly nearly in agreement on the terms of a Senate stablecoin bill GENIUS
Cloture is a Senate procedure requiring a three-fifths majority vote to end debate and prevent indefinite delays (filibuster), facilitating a timely final vote on legislation
U.S stable coin GENIUS bill stalled on May 8th, 2025 after Democrats blocked a cloture vote, citing concerns over anti-money laundering standards, foreign issuers, and potential conflicts linked to President Donald Trump's crypto involvement

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