The GENIUS Act has garnered support from some in the crypto industry, including the Blockchain Association which called the bill "a thoughtful step forward for commonsense, response guardrails for stablecoin innovation," in a post on X on Wednesday.
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Senate Banking Committee votes to advance stablecoin bill, collecting support from both Democrats and Republicans
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GENIUS stablecoin act was supported by crypto industry, including the Blockchain Association, which praised it as a thoughtful step forward in establishing commonsense and responsible guardrails for stablecoin innovation
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