U.S. Senator Lummis: The U.S. Senate Banking Committee will review the GENIUS bill related to stablecoins today

ChainCatcher News, U.S. Senate Banking Committee Digital Assets Subcommittee Chair, U.S. Senator Cynthia Lummis stated that the Senate Banking Committee will conduct a final review (markup) today on the GENIUS Act proposed by Senator Hagerty. The main contents of the bill include: clearly defining payment stablecoins, establishing clear procedures for institutions seeking to issue stablecoins, and promoting responsible innovation while protecting consumer rights.