GENIUS Act Passes Senate with Strong Bipartisan Support
GENIUS Act Passes Senate with Strong Bipartisan Support
🏛️ Senate Says Yes... Now What?
The GENIUS Act (Generating Entrepreneurial Innovation and Uplifting Startups) has cleared a major legislative hurdle, passing the Senate with significant bipartisan backing in a 68-30 vote.
The bill now moves to the House of Representatives for final approval before it can be signed into law.
This legislation aims to modernize regulatory frameworks for digital assets and blockchain technology while promoting innovation in the US financial sector.
Key Points:
- 68 Senators voted in favor
- 30 Senators opposed
- House vote timeline pending
🇺🇸Just in: The Genius Act has passed the senate in a 68-30 vote House vote is next.
NEAR Protocol and Infinex Leaders Discuss Web3 Future
A comprehensive interview featuring leaders from **NEAR Protocol** and **Infinex** covers critical Web3 topics: - Market analysis and lessons learned from current cycle - Solutions for user experience and adoption challenges - Comparison between protocols and platforms - NEAR's implementation of intents - Integration of AI and autonomous agents - Future outlook and developments Featuring guests: - @kaiynne (Infinex) - @ilblackdragon (NEAR Protocol) *Interview timestamps available for specific topics ranging from 01:35 to 20:00*
Crypto Market Update - August 6, 2025
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CFTC Launches Crypto Regulatory Initiative
The Commodity Futures Trading Commission (CFTC) is taking steps to develop a comprehensive regulatory framework for cryptocurrencies. - Initiative aims to create clear guidelines for crypto markets - Part of broader effort to establish regulatory roadmap - Development signals increased institutional focus on digital asset oversight *This move could significantly impact how crypto assets are regulated in the US financial system.* Follow [@Tyler_Did_It](https://twitter.com/Tyler_Did_It) and [@fomohour](https://twitter.com/fomohour) for updates.
Ponke x 223W0RLD Launch Limited Edition NFT-Enabled Collectible
Web3 brands Ponke and 223W0RLD are collaborating on a unique limited edition product launch scheduled for Wednesday. The $69 collectible features innovative tech integration: - Built-in NFC chip that provides access to rewards - Customizable design with removable helmet - Magnetic attachments for accessories - Detachable hands and feet components More details available in the [full Decrypt article](decrypt.co/333564/solana-mem).
SEC Clarifies Stance on Liquid Staking Tokens
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