NVCA Statement on GENIUS Act Negotiations 

WASHINGTON, DC – National Venture Capital Association (NVCA) President and CEO Bobby Franklin issued the following statement regarding the Senate’s ongoing deliberations on the GENIUS Act:  

“We urge the Senate to continue working in good faith to resolve outstanding differences and advance the bipartisan GENIUS Act. U.S. leadership in the digital economy depends on establishing a clear and consistent regulatory framework for stablecoins that fosters innovation, empowers entrepreneurs, and helps build the next generation of financial technologies. A strong stablecoin framework will also support the venture capital industry’s efforts to back groundbreaking companies and strengthen America’s global financial technology leadership. “

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The National Venture Capital Association (NVCA) empowers the next generation of American companies that will fuel the economy of tomorrow. As the voice of the U.S. venture capital and startup community, NVCA advocates for public policy that supports the American entrepreneurial ecosystem. Serving the venture community as the preeminent trade association, NVCA arms the venture community for success, serving as the leading resource for venture capital data, practical education, peer-led initiatives, and networking. For more information about NVCA, please visit www.nvca.org.