Senate to Vote on US Stablecoin Bill (GENIUS Act) on 17th, House Review and Trump Signing Expected Mid-July

# U.S. Stablecoin Legislation, GENIUS Act, Heads for Senate Final Vote on June 17 The U.S. Senate is gearing up for a decisive vote on the anticipated stablecoin legislation, formally known as the GENIUS Act, slated for Tuesday, June 17. If the Senate approves the bill, and it navigates smoothly through the House of Representatives before securing the President's signature, the legislation could be enacted by mid-July. As reported by major media outlets on June 13, the GENIUS Act passed the Senate's cloture vote on June 11, allowing the bill to proceed to a full Senate vote within a 30-hour window. The Senate leadership has since confirmed that the final vote will be held on June 17. # Legislative Process and Next Steps Upon Senate approval, the GENIUS Act—with any Senate-approved amendments—will be forwarded to the House of Representatives. The House generally takes one to two weeks during its legislative session to review and vote on new bills. If the House endorses the Senate's version without further amendments, the bill will be sent directly to the President for signing. However, if additional amendments are proposed by the House, a conference committee comprising members from both chambers will be convened to reconcile any differences in the bill's language. This process could extend the legislative timeline from several weeks to months, depending on the complexity of negotiations. # Timeline for Passage Based on the current legislative calendar, a House vote is expected between June 24 and July 1, followed by the President's signature between July 7 and July 14. If a conference committee becomes necessary, the timeline for the President's signature could be delayed until late July or early August. Given that Congress begins its summer recess in early August, any significant delays could push the finalization of the GENIUS Act to mid-August or later. The GENIUS Act marks a crucial milestone in the regulation of stablecoins, with its progress through Congress being closely monitored by policymakers, industry stakeholders, and global markets alike.