DigitalDollarControl

🔴 Trump Signs First U.S. Crypto Law – But It’s Not the Victory It Seems
The GENIUS Act marks a historic milestone by legalizing stablecoins in the U.S.—but beneath the headlines lies deeper state control.
Key Takeaways:
🔐 1:1 Reserve Requirement
All stablecoins must be backed 1:1 with U.S. dollars—no exceptions.
📵 Instant Transaction Freezes
Authorities can freeze "suspicious" transactions without prior notice.
🕵️ Mandatory Full KYC
Users must submit passport, address, proof of income, and pass AML checks.
🏦 Banks Enter the Game
Traditional banks are now authorized to issue stablecoins—under full regulation.
🛑 Platforms Need Government Approval
Operating in the U.S. requires official licensing—no license, no service.
While it looks like progress, critics argue it’s a regulated takeover—a digital leash disguised as innovation.
Freedom? Or full financial surveillance?
#GENIUSAct #CryptoRegulationWho #StablecoinLaw #DigitalDollarControl #CryptoNews $ETH

🔴 Trump Signs First U.S. Crypto Law – But It’s Not the Victory It Seems

The GENIUS Act marks a historic milestone by legalizing stablecoins in the U.S.—but beneath the headlines lies deeper state control.

Key Takeaways:

🔐 1:1 Reserve Requirement
All stablecoins must be backed 1:1 with U.S. dollars—no exceptions.

📵 Instant Transaction Freezes
Authorities can freeze "suspicious" transactions without prior notice.

🕵️ Mandatory Full KYC
Users must submit passport, address, proof of income, and pass AML checks.

🏦 Banks Enter the Game
Traditional banks are now authorized to issue stablecoins—under full regulation.

🛑 Platforms Need Government Approval
Operating in the U.S. requires official licensing—no license, no service.

While it looks like progress, critics argue it’s a regulated takeover—a digital leash disguised as innovation.
Freedom? Or full financial surveillance?

#GENIUSAct #CryptoRegulationWho #StablecoinLaw #DigitalDollarControl #CryptoNews $ETH