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The U.S. Senate has passed the GENIUS Act to enter formal deliberation.
According to Gate News bot, crypto reporter Eleanor Terrett reported that the U.S. Senate voted on the "cloture motion" for the GENIUS Act. The vote results showed that at least 15 Democratic lawmakers, including Cortez Masto, Adam Schiff, and Mark Warner, cast votes in favor. Although minority leader Schumer voted against it, the motion still passed. The GENIUS Act has now entered the full review stage.
Source: Wu Shuo
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