Treasury Secretary Bessent Blasts Senate for Blocking GENIUS Stablecoin Bill

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Treasury Secretary Bessent Blasts Senate for Blocking GENIUS Stablecoin Bill

decrypt.co/318730/treasury-secretary-bessent-blasts-senate-failing-stablecoin-bill

In brief
- Treasury Secretary Scott Bessent called the Senate’s failure to advance the GENIUS Act a missed chance to secure U.S. leadership in stablecoin regulation.
- The bill collapsed after last-minute Democratic defections, driven by concerns over rushed revisions and regulatory…

This story appeared on decrypt.co, 2025-05-09 09:52:48.977000.