United States (federal)United States (federal)LawS. 1582

GENIUS Act

Creates a federal regulatory framework for payment stablecoins, including issuer licensing, one to one reserve backing and disclosure requirements.

Body

U.S. Congress

Session

119th Congress

Introduced

May 1, 2025

Votes

Senate cloture on motion to proceed 48-49 (not invoked); Senate 68-30; House 308-122

Sponsors

R (Republican)Republican

Topics

Crypto

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Summaries of public legislative records, executive actions and court rulings, for reference, not legal advice. Check the official page linked on each item. First seen 2026-09-27. Checked against the official source.