The bill, known as the GENIUS Act, is the first major crypto legislation ever passed by Congress. It now heads to President Trump's desk. It passed in a bipartisan vote of 308 to

The Senate passed the bill in a bipartisan vote last month. The vote in the House was also bipartisan, with 206 Republicans voting in favor of the bill and 102 Democrats. The complete House vote was 308-122.

After a choppy week of political posturing, the GENIUS Act (S 1582), the legislation that provides federal rules for payment stablecoins, has been approved in

A bullish crypto market meets historic crypto bills as the US advances GENIUS, CLARITY, and Anti-CBDC Acts to lead global digital asset regulation.

Paolo Ardoino, CEO of stablecoin giant Tether, will face a major challenge in the U.S. if the ‘Genius Act’ becomes law. Photo: Ronda Churchill/Bloomberg News