US Senator Lummis: The US Senate Banking Committee will consider the stablecoin-related GENIUS bill today

U.S. Senator Cynthia Lummis, chair of the U.S. Senate Banking Subcommittee on Digital Assets, said that the U.S. Senate Banking Committee will today conduct final consideration (markup) of Senator Hagerty's proposed GENIUS bill, which includes: clearly defining payment stablecoins, establishing clear procedures for institutions seeking to issue stablecoins, and promoting responsible innovation and protecting consumer rights.