The 68-30 vote on the GENIUS Act was the first time that the Senate has passed major legislation to regulate digital assets.

The crypto industry has long pushed for lawmakers to pass legislation creating rules for digital assets, arguing that a clear framework could enable stablecoins to become more wid

The Senate passed a landmark piece of legislation to regulate crypto after a bumpy path through the upper chamber. The bill, known as the GENIUS Act, would establish a regulatory framework for the $250 billion market for stablecoins,