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The GENIUS Act’s delay in the US Senate is only a temporary setback, with passage expected soon, says Cody Carbone of the Digital Chamber. The bill aims to solidify US dollar dominance through stablecoin regulation.
- The GENIUS Act's delay is temporary, with bipartisan support expected to drive its passage soon.
- Cody Carbone highlights the bill's role in maintaining US dollar dominance in global markets.
- Failure to pass the bill before 2026 midterms could harm crypto regulatory progress and market stability.
📎 Related coverage from: cointelegraph.com