PANews reported on June 6 that according to CoinDesk, the US GENIUS Act is expected to receive a lot of bipartisan support in the Senate. Democratic Senator Ruben Gallego said that the bill has incorporated a number of Democratic amendments and currently has support from as many as 16 Democrats. He pointed out that if the bill is successfully passed, it will also need to be accompanied by a crypto market structure bill to truly achieve regulatory clarity. The bill may be put to a final vote as early as next week.