Tim Scott Hails House Passage of Landmark Stablecoin Bill, Calls It Major Win for U.S. Payments Innovation
Senate Banking Committee Chairman Tim Scott has applauded the House of Representatives for approving the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act, describing it as a significant advance in shaping America’s digital asset landscape. In a statement issued on July 17, Scott (R-S.C.) described the bill as ...