Senate
Jul 18, 2025GENIUS Act
Summary
Official
Guiding and Establishing National Innovation for U.S. Stablecoins Act or the GENIUS Act This bill establishes a regulatory framework for payment stablecoins (digital assets which an issuer must redeem for a fixed value). Under the bill, only permitted issuers may issue a payment stablecoin for use by U.S. persons, subject to certain exceptions and safe...
Bill Progress
Bill has been signed into law or became law without signature
Introduced(5/1/25)
Committee
Passed
House
Passed
Senate
President
Law
Sponsor
BH
Mr. Hagerty
Senate (R) Tennessee
Cosponsors (5)
Topics
Latest Action
Became Public Law No: 119-27.
Jul 18, 2025
View Bill on Congress.gov