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Breaking: US Senate Fails To Advance GENIUS Act

CoinGape LogoCoinGape11h ago

Breaking: US Senate Fails To Advance GENIUS Act - CoinGape

Quick Summary:

In a massive development for the crypto industry, the US Senate has failed to advance the GENIUS Act to the floor of the House following a key procedural vote.

The Senator made her displeasure known, stating that she is deeply dissapointed that they were unable to pass the “important bi-partisan crafted stablecoin legislation today.

Following allegations of corruption against US President Donald Trump, Democratic Senators had asked for an amendment to the bill, but these Senators have now voted ‘no,’ a move which Republican Senators claims to be them playing politics.

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-08 @ 18:53:52 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 139 words

Reading Time: 1 minutes read

Sentences: 31 lines

Sentence Length: 5 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 28498265

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About CoinGape

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Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 43 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

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The story "Breaking: US Senate Fails To Advance GENIUS Act" was covered 11 hours ago by CoinGape, a news publisher based in India.

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  • URL: https://pretty-looking.beamstart.com/news/breaking-us-senate-fails-to-17467305035732

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