When the GENIUS Act moves to the House of Representatives, lawmakers there will need to decide how to handle it. They could vote on the Senate version directly, combine it with their own market structure bill, or make changes before moving forward.
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Breaking: US Senate Approves ‘GENIUS Act’ to Regulate Stablecoins
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House leaders, when GENIUS bill reaches the House, will have to decide whether to merge it with their own stablecoin bill called STABLE Act, or advance it as a standalone bill
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Senate and House versions of the stablecoin bill differ in regulatory oversight between state and federal jurisdictions and in the treatment of foreign issuers such as Tether
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