GENIUSAct

XRP advocate John Dayton has warned that crypto regulation laws could stall until 2029 if the GENIUS Act, which focuses on stablecoin laws, fails in the US Senate.
According to $XRP advocate John E. Dayton, if the Stablecoin bill GENIUS Act does not pass the US Senate, there may not be any major crypto legislation before 2029.
The lawyer, known for his involvement in the $XRP legal case, said on social media that the Senate's inaction could delay the regulatory clarity needed to place the digital asset.
Dayton said that the bill, which aims to regulate stablecoins, is non-controversial and serves the national interest.


However, he expressed concerns that if lawmakers cannot pass this bill, other complex crypto bills such as market structure legislation, the Lummis-Gillibrand bill, or tax reform are unlikely to pass soon.
The GENIUS Act focuses on stablecoin regulation.
The Genius Act is spearheaded by Senator Bill Hagerty and seeks to create a legal framework for issuing stablecoins in the United States.
The bill aims to ensure high quality deposits with issuers to promote consumer safety and transparency.
During an interview on CNBC's "Squawk Box," Senator Hagerty said, "This Stablecoin bill will bring regulatory clarity and support dollar-backed innovation in America."

He explained that the lack of clear rules has pushed many crypto-related projects overseas. The bill aims to reverse this trend by creating a clear regulatory path for stablecoin issuers.
He added that the use of the SEC’s enforcement actions to regulate digital assets has created confusion in the market.
By establishing a formal framework, the bill can help both consumers and businesses operate with better legal understanding. However, despite the concerns, Senator Kirsten Gillibrand predicts that stablecoin regulation could pass this week.
Industry support is growing for the GENIUS Act.
Despite allegations of fraud and corruption against US President Donald Trump, several digital asset figures have expressed strong support for the Stablecoin Bill GENIUS Act.
Coinbase Chief Policy Officer Friar Sherzad said that stablecoin legislation is a “national priority.” He stressed that the US should lead the way in blockchain-based finance and ensure that stablecoins pegged to the US dollar prevail.
“Stablecoins can put pressure on old financial systems, but competition is necessary,” Sherzad posted on X.
He compared the current moment to the introduction of money market funds in the 1970s and 1980s, saying that the banking sector can adapt, as it did then.
Sherzad also stated that the GENIUS Act would strengthen the role of the dollar globally and place the United States at the center of international finance. He stressed that the bill goes beyond technology and also supports financial strength and national strategy.
Challenges remain despite bipartisan support.
While the Stablecoin bill has the support of both major political parties, obstacles still remain. Senator Haggerty noted that opposition often comes from lawmakers who favor centralized financial control. Critics, including Sen.
Elizabeth Warren, have urged caution and questioned whether the bill would increase financial risks or reduce regulatory authority.
XRP lawyer John Dayton said that the bill does not allow stablecoin holders to earn yields, which he sees as a drawback.
However, he acknowledged that any production version would face resistance from banks due to competition with deposits. “The bank lobby is real,” he wrote.
The Senate is expected to vote on the bill soon. If the legislation fails, it could slow down other crypto-related efforts.
According to $XRP advocate John Dayton, without stable coin regulation, broader reforms like BitBonds or crypto tax laws may not progress until the next administration.

#Xrp🔥🔥 #SEC #stablecoin #GENIUSAct #CryptoNewss

تمّت الموافقة على قانون GENIUS بعد التصويت في مجلس الشيوخ الأمريكي، حيث حاز على دعم 66 عضوًا مقابل 32 صوتًا معارضًا.

وبحسب Odaily، يُعد هذا القانون نقلة نوعية في تنظيم سوق العملات الرقمية داخل الولايات المتحدة، وقد يشكّل أرضية تشريعية أكثر وضوحًا واستقرارًا للمستثمرين والمؤسسات.

أهمية القانون:

يمنح الوضوح القانوني لمشاريع العملات الرقمية.

يفتح المجال لتسريع تبني الأصول الرقمية داخل النظام المالي.

يمثل إشارة قوية على توجه الولايات المتحدة نحو تقنين هذا القطاع.

هل نحن أمام بداية عصر تنظيمي جديد للكريبتو؟ شارك رأيك بالتعليقات...
#GENIUSAct #BinanceAlphaAlert #Cryptomaxx $BTC
$XRP $BNB

XRP Advocate Warns Crypto Laws May Stall Without Stablecoin Bill 💬
$XRP XRP advocate John E. Dayton warns that if the GENIUS Act — a stablecoin regulation bill — fails in the US Senate, major crypto laws may be delayed until 2029. Known for his role in the XRP case, Dayton said the bill is non-controversial and supports the national interest ⚖️.

He believes that if lawmakers can’t pass this simple bill, more complex ones like market structure reform, tax laws, or the Lummis-Gillibrand bill won’t move forward anytime soon 📉.

The GENIUS Act, led by Senator Bill Hagerty, sets rules for stablecoin issuers and ensures secure reserves to protect consumers 🛡️. Hagerty said it will boost dollar-backed innovation and bring clarity to crypto regulation in the US 🇺🇸.
Despite the challenges, Senator Kirsten Gillibrand believes the bill could pass this week. Industry support is rising. Coinbase’s policy chief Friar Sherzad called stablecoin laws a “national priority,” saying they can help the US lead in blockchain finance 🌐.
However, some lawmakers, like Sen. Elizabeth Warren, remain cautious, raising concerns over financial risks. Dayton also noted the bill doesn’t allow yield on stablecoin holdings, which might face bank resistance 🏦.
The Senate vote is expected soon. If it fails, broader crypto efforts — like BitBonds or tax reforms — may not advance until the next administration.

#XRP 💠 #SEC ##GENIUSAct MP #CryptoNews
#stablecoin

$XRP XRP Supporter Sounds the Alarm: Crypto Future Uncertain Without Stablecoin Legislation

Prominent $XRP advocate John E. Deaton has delivered a serious warning: if the U.S. Senate doesn’t approve the GENIUS Act — a bill designed to regulate stablecoins — significant crypto legislation might be delayed until 2029.

Deaton, a central figure in the XRP legal saga, emphasized that the bill is straightforward and in the public’s best interest. He argues that if Congress can’t agree on such a fundamental measure, more advanced proposals like crypto tax reforms or the Lummis-Gillibrand bill likely won’t survive.

The GENIUS Act, introduced by Senator Bill Hagerty, is meant to establish clear guidelines for stablecoin providers and enforce robust reserve standards to protect users. Hagerty asserts this will encourage innovation tied to the U.S. dollar and bring long-awaited clarity to American crypto laws.

Though the bill faces challenges, Senator Kirsten Gillibrand believes it could be passed within the week. Momentum is building, with major industry voices like Coinbase’s policy head Faryar Shirzad calling it a top national concern.

Still, opposition remains. Senator Elizabeth Warren has expressed concerns over financial risks. Deaton also highlighted a controversial clause that restricts interest on stablecoin holdings — a measure likely to face resistance from traditional banking institutions.

A Senate decision is expected soon. If the vote fails, pivotal crypto advancements — such as BitBonds and taxation updates — could be postponed for several years.

#XRP #CryptoUpdate #GENIUSAct #Stablecoins #CryptoRegulation $XRP

That’s a big development for the crypto space, especially for XRP holders and broader U.S. crypto regulation.

Here's a quick breakdown of what’s happening and why it matters:

What is the GENIUS Act?

A proposed stablecoin regulation bill led by Sen. Bill Hagerty.
It aims to:

Establish clear guidelines for stablecoin issuers.
Mandate strong reserves (backed 1:1 by dollars or equivalents).
Prohibit yield-bearing stablecoin accounts (to avoid risk of “shadow banking”).
Ensure consumer protection and regulatory clarity.

Why XRP Advocates (like John Deaton) Care

XRP’s battle with the SEC showed how regulatory uncertainty hurts innovation.
Deaton believes:

If lawmakers can’t pass a non-controversial bill like GENIUS, other reforms (crypto taxes, securities definitions, Lummis-Gillibrand) are dead until 2029.
That means more lawsuits, less guidance, and continued fear and confusion in U.S. crypto markets.

Why This Could Be XRP’s Moment

Clarity on stablecoins could signal a shift toward broader crypto legislation.
If passed, it could:

Open doors for Ripple’s stablecoin plans.
Boost institutional confidence in the crypto sector.
Push XRP and other compliant projects into the spotlight.

But There Are Risks

Sen. Warren and some banks oppose parts of the bill.
The ban on yield-bearing stablecoins may slow adoption.
A failed vote could stall U.S. crypto innovation for years.

Should You Load Up on XRP?

If the bill passes: XRP and other compliant tokens may surge from regulatory momentum.
If it fails: Expect more volatility, possibly a buy-the-dip opportunity, but less clarity long-term.

Bottom line: Watch the Senate closely. A successful GENIUS Act vote could be a turning point — not just for XRP, but for the entire U.S. crypto landscape.

Want a deeper dive into how this might affect Ripple’s stablecoin plans or XRP’s market cap?
#XRP’ #GENIUSAct #landscape

#GENIUSAct The GENIUs Act isn’t a law — it’s a lifestyle.
GENIUs stands for: Grow. Evolve. Navigate. Inspire. Unite. Stand.
It’s a call for Gen Z to stop waiting for change and be the change.
Whether you're building a brand, breaking norms, or fighting for justice — this is your act, your movement, your voice.

Because now is the chaos Gen Z was born to calm.
We’ve seen the world glitch — climate crisis, fake news, mental health struggles, identity wars — and still, we rise.
The GENIUs Act is proof that Gen Z doesn’t just survive — we transform.
Gen Z isn’t waiting for permission — we’re creating platforms, pushing culture, and rewriting rules.
The GENIUs Act empowers us to stop shrinking ourselves to fit systems that were never built for us.
We don’t follow trends — we ARE the trend.

This is your sign to start acting like a GENIUs:
- Speak your truth
- Protect your peace
- Build your legacy
- Uplift others while you rise
The world isn’t ready for you. That’s exactly why you’re here.

#GENIUSAct The term GENIUS Act refers to the Guiding and Establishing National Innovation in U.S. Stablecoins Act. This is a significant piece of bipartisan legislation introduced in the U.S. Senate, primarily by Senator Bill Hagerty (R-Tenn.), with co-sponsorship from Senators Tim Scott (R-S.C.), Kirsten Gillibrand (D-N.Y.), and Cynthia Lummis (R-Wyo.).
Purpose and Key Provisions
The GENIUS Act aims to establish the first comprehensive federal regulatory framework for stablecoins in the United States. Stablecoins are digital assets pegged to the value of real-world currencies, most commonly the U.S. dollar, and are used for various purposes like transferring money, making payments, and participating in decentralized finance (DeFi).
Key aspects and provisions of the GENIUS Act include:
* Regulatory Clarity: It seeks to define stablecoins and provide clear guidelines for their issuance and operation, addressing the current regulatory "gray zone" in the digital asset sector.
* Consumer Protection: The bill includes robust measures to protect consumers, such as:
* Reserve Requirements: Mandating that stablecoins be fully backed, typically on a one-to-one basis, by U.S. dollars, Treasury bills, or similar highly liquid assets. It also prohibits riskier reserve assets like corporate debt or equities.
* Transparency: Requiring transparency into the reserves backing stablecoins.
* Insolvency Protections: Prioritizing claims of stablecoin holders in the event of an issuer's bankruptcy and mandating expedited distribution of reserves.
* Misleading Marketing Prevention: Prohibiting representations that stablecoins are backed by the full faith and credit of the U.S. government, guaranteed by the government, or covered by FDIC insurance.
* Dual-Track Supervisory Regime: It proposes a system where larger stablecoin issuers (above $10 billion in liabilities) may opt for direct Federal Reserve oversight, while smaller startups can continue under state regulatory regimes.
* Anti-Money Laundering (AML) Compliance: The act extends Bank Secrecy Act (BSA) compliance requirements to stablecoin issuers, treating them as financial institutions for BSA purposes.
* Promoting U.S. Dollar Dominance: A core objective is to anchor the U.S. dollar deeper into the internet's economic layer, reinforcing its role as the world's reserve currency and creating new demand for U.S. Treasuries.
* Innovation and Competitiveness: By providing regulatory certainty, the GENIUS Act aims to foster innovation in fintech and digital payments, allowing U.S. companies to build and grow in the stablecoin space with fewer regulatory hurdles.
Current Status
As of May 2025, the GENIUS Act has seen significant progress. It has advanced through the U.S. Senate Banking Committee with bipartisan support and has recently cleared a key procedural vote in the Senate, paving the way for a full floor vote. Its passage is seen as a major step towards mainstreaming digital assets and solidifying the U.S.'s position in the evolving global financial landscape.