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Exchanges say Stablecoin Bill to pave way for crypto adoption
The New Indian Express Hubballi
|June 19, 2025
THE US Senate has passed the GENIUS Act, which aims to regulate stablecoins, and crypto exchanges call this bill a milestone as such regulatory clarity contributes to a shifting global crypto industry.
The stablecoin (a type of crypto) bill will help provide a faster way to process transactions and stablecoins might turn into a mainstream form of payment. The passage of the Act marks a clear signal from the US government that digital asset innovation and responsible regulation can go hand in hand.
This story is from the June 19, 2025 edition of The New Indian Express Hubballi.
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