BlockBeats News, May 20th – White House Digital Asset Policy Advisor Bo Hines commented today on the passage of the "GENIUS Stablecoin Act" through a Senate unanimous consent vote, stating, "The final bipartisan vote is a critical step in safeguarding America's financial future. The GENIUS Act will solidify the dominance of the U.S. dollar, upgrade the U.S. payment system, and position the United States as a global leader in digital asset innovation. Now is the time to strengthen America's leadership and pass this historic legislation."
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