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Senate to Vote on GENIUS Act as GOP Presses Forward Despite Mounting Opposition

Decrypt LogoDecrypt1d ago

Senate to Vote on GENIUS Act as GOP Presses Forward Despite Mounting Opposition - Decrypt

Quick Summary:

Senate Republicans are advancing a Thursday vote on a sweeping stablecoin regulation bill despite bipartisan pushback and uncertainty.

The vote comes as crypto-aligned PACs like Fairshake are preparing to spend heavily in upcoming races, heightening the political stakes of Thursday’s outcome.

At least three Republican senators—Rand Paul of Kentucky, Josh Hawley of Missouri, and John Kennedy of Louisiana—have come out against the current version, according to Punchbowl News’ Brenden Pedersen.


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Senate to Vote on GENIUS Act as GOP Presses Forward Despite Mounting Opposition - Decrypt (Picture 1)

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Article Details

Author / Journalist: Sebastian Sinclair

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-07 @ 00:20:49 (1 days ago)

News Timezone: GMT +8:00

News Source URL: decrypt.co

Language: English

Article Length: 456 words

Reading Time: 3 minutes read

Sentences: 19 lines

Sentence Length: 24 words per sentence (average)

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

Copyright Owner: © Decrypt

News ID: 28452773

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About Decrypt

Decrypt Logo

Main Topics: Crypto

Official Website: decrypt.co

Update Frequency: 6 posts per day

Year Established: 2018

Headquarters: Estonia

News Last Updated: 9 hours ago

Coverage Areas: Estonia

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: #63

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The story "Senate to Vote on GENIUS Act as GOP Presses Forward Despite Mounting Opposition" has 456 words across 19 sentences, which will take approximately 2 - 4 minutes for the average person to read.

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The story "Senate to Vote on GENIUS Act as GOP Presses Forward Despite Mounting Opposition" was covered 1 days ago by Decrypt, a news publisher based in Estonia.

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Decrypt is a fully independent (privately-owned) news outlet established in 2018 that covers mostly crypto news.

The outlet is headquartered in Estonia and publishes an average of 6 news stories per day.

It's most recent story was published 9 hours ago.

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  • News ID: #28452773
  • URL: https://poppadom.beamstart.com/news/senate-to-vote-on-genius-17465776765341

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