The GENIUS bill in the United States has been jointly opposed by 10 senators

Foresight News reported that according to Eleanor Terrett's monitoring, Senator Ruben Gallego and nine other senators issued a joint statement stating that they cannot support the updated version of the GENIUS bill released last week. The group pointed out multiple issues, including insufficient anti money laundering provisions, concerns about national security and financial system security. It is worth noting that four Democratic senators on the list, Gallego, Warner, Kim, and Blunt Rochester, supported the original version of the bill during the March banking committee review. The co sponsor of the bill, Angela Alssobrooks, did not sign the letter.