Mars Finance News, Cynthia Lummis, Chair of the U.S. Senate Banking Committee's Digital Asset Subcommittee and U.S. Senator, stated that the U.S. Senate Banking Committee will hold a final markup on Senator Hagerty's GENIUS Act today, which includes: clearly defining payment-focused stablecoins, establishing a clear process for institutions seeking to issue stablecoins, and promoting responsible innovation while protecting consumer interests.
U.S. Senator Lummis: The U.S. Senate Banking Committee will review the stablecoin-related GENIUS Act today
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