GENIUS Act Revival Backed by Brian Armstrong, 60 Crypto Execs

Coinbase CEO Brian Armstrong signaled that the U. S. Senate may soon revisit the GENIUS Act, a proposed bill aimed at regulating stablecoins, after it failed to gain enough support in an initial vote on May 8. In a May 14 X post, Armstrong shared that nearly 60 cryptocurrency founders had traveled to Washington, DC, to advocate for the Senate’s consideration of the GENIUS Act, a market structure bill also progressing through the House of Representatives source: https://news.shib.io/2025/05/15/genius-act-revival-backed-by-brian-armstrong-60-crypto-execs/?utm_source=rss&utm_medium=rss&utm_campaign=genius-act-revival-backed-by-brian-armstrong-60-crypto-execs