In brief
Aave’s token surged 20% as Congress advanced the GENIUS Act, a bill that could bring regulatory clarity to stablecoins.
The protocol, which supports lending and borrowing of major stablecoins, recently…
Key Takeaways:U.S. Senate passes motion to advance the GENIUS Act with a 66-32 voteOver 15 Democrats, including Cortez Masto and Adam Schiff, reversed their initial stanceThe GENIUS Act aims to…
The GENIUS Act, the major bill that aspires to bring clarity to the stablecoin sector, has passed its first big procedural hurdle. Notably, 16 Democrats joined the Republicans on the…