Senate advances first-of-its-kind cryptocurrency legislation after Democrats initially blocked it amid Trump crypto deals

https://edition.cnn.com/2025/0....5/19/politics/senate

GENIUS Act: Senate advances first-of-its-kind cryptocurrency legislation | CNN Politics
edition.cnn.com

GENIUS Act: Senate advances first-of-its-kind cryptocurrency legislation | CNN Politics

The Senate voted 66-32 Monday evening to advance first-of-its-kind legislation to regulate “stablecoins,” a kind of cryptocurrency. Democrats had initially voted to block the bill earlier this month amid concerns over President Donald Trump’s cryptoc