The US Congress is divided over the progress of the GENIUS bill
2025-06-25 12:40:58
The US Capitol Hill is engaged in a fierce game over cryptocurrency legislative strategies. Republicans in the House and Senate, as well as within the crypto industry, are debating whether the GENIUS bill should be packaged with the Market Structure Act or passed separately. Some industry giants such as Coinbase and a16z support package passage, but the DeFi community prefers to push the GENIUS bill to land quickly first. At the same time, many Republicans in the Senate prefer to pass the GENIUS bill alone first. The current opinions of all parties are not yet unified, and the legislative future remains uncertain. (Crypto In America)
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