Following a key Senate vote in favor of the GENIUS Act, Coinbase and Circle have experienced significant stock price increases. The bill aims to establish a federal framework for stablecoins, potentially reducing regulatory uncertainty for institutions integrating them into mainstream finance.

Key Points The Senate has passed a consequential bill regarding cryptos and stablecoins. Card-issuing companies have seen their stocks pull back as a result. Stablecoin-related stocks have surged. Your