US Senator Cynthia Lummis says the US is taking a step closer to leading the future of digital assets US Senator Cynthia Lummis stated in a post that digital assets represent the future, and the United States is now one step closer to leading this field. This statement follows the procedural vote in the Senate to pass the stablecoin bill "GENIUS Act". The bill aims to establish a regulatory framework for stablecoins and their issuers. Previously, the Democratic Party collectively obstructed the progress of the bill, expressing concerns about President Trump's involvement in encryption and consumer protection provisions. Despite Senator Warren's strong opposition, several Democrats changed their stance and pushed the bill forward. The bill still needs to be coordinated by both houses of Congress and ultimately signed into law by the President.