The U.S. Senate will hold a procedural vote on the stablecoin regulation bill

ChainCatcher news, according to crypto journalist Eleanor Terrett, the U.S. Senate is scheduled to hold a procedural vote on the updated stablecoin regulatory bill, the "GENIUS Act," at 1:45 PM ET (1:45 AM Beijing time on May 9).

It is reported that after late-night negotiations and last-minute text updates between Senate Republicans and Democrats, the voting situation will be a "fierce showdown."