The Senate passed first-of-its-kind bipartisan cryptocurrency legislation, called the GENIUS Act, after months of negotiations and weeks of back-and-forth between Democratic and Republican backers. The final tally was 68-30,

Sen. Mark Kelly, D-Arizona, was in South Carolina for a town hall advocating gun safety measures on the 10th anniversary of a massacre at a predominantly Black church, and did not vote on the crypto bill. In a statement, he said he supported its passage.

The bill was a significant step toward giving the cryptocurrency industry the credibility and legitimacy it has sought, without limitations it has worked to head off.