Odaily News The U.S. Senate voted on Monday to advance landmark stablecoin legislation, a move that Bitwise Chief Investment Officer Matt Hougan said could pave the way for a multi-year bull run in crypto assets. He likened the development to a marriage between Wall Street and the crypto industry. Senators voted 66 to 32 to advance the GENIUS Act, which has bipartisan support, including 16 Democratic lawmakers who previously opposed it and switched to support it this week. Crypto industry leaders and lawmakers have called the vote a historic victory and believe it will help ensure the dominance of the dollar. However, after the procedural vote, lawmakers still need to vote on potential amendments before they can hold a final vote on the bill itself. The politicians in Washington did the right thing, Hougan wrote in a note to clients Tuesday evening. I dont want to rush it, but it looks like were going to have the first fully passed crypto legislation in the United States this summer. (The Block)