Odaily Planet Daily News French Hill, chairman of the U.S. House Financial Services Committee, said that the House and the Senate still need to agree on some issues before the stablecoin bill becomes law. The Senate will approve its version of the bill, the GENIUS Act, as early as this week. In recent weeks, the stablecoin bill has been passed in early procedural votes in the Senate Banking Committee and the Senate with strong bipartisan support. But the bill was delayed for a time due to opposition from Democrats, who believed that the bill did not contain enough measures to prevent illegal activities and that public officials such as the president should be prohibited from participating in such businesses.