Senate
Jul 17, 2025

GENIUS 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...

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Bill Progress

Bill has been sent to the President for signature or veto

Introduced(5/1/25)
Committee
Passed House
Passed Senate
President
Law

Sponsor

BH

Mr. Hagerty

Senate (R) Tennessee

Cosponsors (5)

Topics

Latest Action

Presented to President.

Jul 17, 2025

Votes