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GENIUS Act Blocked After Senate Democrats Object to Security and Optics

Coinedition LogoCoinedition16h ago

GENIUS Act Blocked After Senate Democrats Object to Security and Optics - Coinedition

Quick Summary:

Senate’s failure to advance the GENIUS Act drew sharp criticism from Treasury Secretary Scott Bessent.

This bill, officially the Guiding and Establishing National Innovation for US Stablecoins of 2025 Act, failed a procedural vote on May 8.

He warned the decision could damage the country’s ability to lead in digital finance.

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Article Details

Author / Journalist: Peter Mwangi

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-09 @ 14:15:00 (16 hours ago)

News Timezone: GMT +0:00

News Source URL: coinedition.com

Language: English

Article Length: 144 words

Reading Time: 1 minutes read

Sentences: 56 lines

Sentence Length: 3 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Coinedition

News ID: 28516667

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About Coinedition

Coinedition Logo

Main Topics: Crypto

Official Website: coinedition.com

Update Frequency: 26 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 10 hours ago

Coverage Areas: India

Publication Timezone: GMT +0:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #124

Publisher Details

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The story "GENIUS Act Blocked After Senate Democrats Object to Security and Optics" has 144 words across 56 sentences, which will take approximately 1 - 2 minutes for the average person to read.

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The story "GENIUS Act Blocked After Senate Democrats Object to Security and Optics" was covered 16 hours ago by Coinedition, a news publisher based in India.

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Coinedition is news outlet established in 2020 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 26 news stories per day.

It's most recent story was published 10 hours ago.

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  • News ID: #28516667
  • URL: https://swalz.beamstart.com/news/genius-act-blocked-after-senate-17468014297780

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