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Updated Oct 22, 2025, 12:19 p.m. Published Oct 22, 2025, 12:18 p.m.
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[Test C31-7469] GENIUS Act for Stablecoins Passes House on Way to Being First Major U.S. Crypto Law
[test dek] On the heels of its vote to pass its Clarity Act to oversee crypto markets, the House of Representatives followed up with a 308-122 approval of GENIUS.
What to know:
- The first major crypto regulatory initiative in the U.S. is about to become law after the House of Representatives passed the stablecoin bill known as the GENIUS Act.
- The approval came directly on the heels of another major legislative accomplishment for the industry, when the House also passed the Clarity Act that would govern the oversight of the digital assets markets in the U.S.
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