Ripple’s CEO Brad Garlinghouse has expressed his excitement following the U.S. Senate’s passage of the GENIUS Act, calling it a historic moment for the cryptocurrency sector and the traditional financial system. The bill, which received strong bipartisan support with a vote of 68 to 30, marks the first major piece of financial legislation since the Dodd-Frank Act. This groundbreaking legislation could push the regulatory framework forward, potentially benefiting cryptocurrency businesses and users in the United States. Many industry leaders view this approval as a crucial step toward recognition and stability within the evolving realm of digital currencies.