Binance Square

GENIUNActPass

4,798 views
21 Discussing
Alexander Guevara
--
See original
The "Crypto Week" in the United States is a significant event for the cryptocurrency ecosystem, especially in July 2025. Here is a summary of what has happened and what is expected: The "Crypto Week" of July 2025 in the U.S. The "Crypto Week" refers to a key week in which the U.S. House of Representatives has declared that three crucial bills for the regulation and future of cryptocurrencies in the country will be debated and voted on. This initiative, primarily driven by Republicans, seeks to lay clear regulatory foundations for the sector. Key date: It has been established that the week of July 14 to 18, 2025, will be the "Crypto Week." Bills under discussion: GENIUS Act: This law seeks to regulate stablecoins (cryptocurrencies whose value is pegged to an underlying asset, such as the U.S. dollar). The aim is to provide a legal framework for their issuance and operation, which could increase the legitimacy and liquidity of these cryptocurrencies. The Senate has already approved it by a wide margin. CLARITY Act: This bill is fundamental because it seeks to define whether crypto assets should be classified as securities or commodities. This distinction has massive implications for regulation, as it will determine which government agency (for example, the SEC or the CFTC) has jurisdiction over them. Anti-CBDC Surveillance State Act (Anti-CBDC Act): This proposal seeks to prohibit the Federal Reserve (Fed) from developing, issuing, or using a federal Central Bank Digital Currency (CBDC). Proponents of this law argue that a CBDC could limit the financial privacy of citizens and give too much power to the government. Market Impact and Context The anticipation of the "Crypto Week" has generated significant movement in the cryptocurrency market #EEUU #CRIPTOHINDUSTAN #CBDC #GENIUNActPass #USCryptoWeek $BTC $USDC
The "Crypto Week" in the United States is a significant event for the cryptocurrency ecosystem, especially in July 2025. Here is a summary of what has happened and what is expected:

The "Crypto Week" of July 2025 in the U.S.
The "Crypto Week" refers to a key week in which the U.S. House of Representatives has declared that three crucial bills for the regulation and future of cryptocurrencies in the country will be debated and voted on. This initiative, primarily driven by Republicans, seeks to lay clear regulatory foundations for the sector.

Key date: It has been established that the week of July 14 to 18, 2025, will be the "Crypto Week."

Bills under discussion:

GENIUS Act: This law seeks to regulate stablecoins (cryptocurrencies whose value is pegged to an underlying asset, such as the U.S. dollar). The aim is to provide a legal framework for their issuance and operation, which could increase the legitimacy and liquidity of these cryptocurrencies. The Senate has already approved it by a wide margin.

CLARITY Act: This bill is fundamental because it seeks to define whether crypto assets should be classified as securities or commodities. This distinction has massive implications for regulation, as it will determine which government agency (for example, the SEC or the CFTC) has jurisdiction over them.

Anti-CBDC Surveillance State Act (Anti-CBDC Act): This proposal seeks to prohibit the Federal Reserve (Fed) from developing, issuing, or using a federal Central Bank Digital Currency (CBDC). Proponents of this law argue that a CBDC could limit the financial privacy of citizens and give too much power to the government.

Market Impact and Context
The anticipation of the "Crypto Week" has generated significant movement in the cryptocurrency market

#EEUU #CRIPTOHINDUSTAN #CBDC #GENIUNActPass #USCryptoWeek $BTC $USDC
#GENIUNActPass Here’s a detailed breakdown of the GENIUS Act (S.1582), recently passed by the Senate: 🏛️ What It Is GENIUS Act stands for Guiding and Establishing National Innovation for U.S. Stablecoins. It creates a federal regulatory framework for payment stablecoins—digital coins pegged to fiat currency—requiring: Licensed issuers (bank subsidiaries, federal/state‑qualified nonbanks) 100% reserve backing in U.S. dollars or equivalent liquid assets Monthly public disclosures and audits Priority redemption rights for holders in bankruptcy ✅ Senate Approval Passed Senate on June 17, 2025, by a 68–30 vote (congress.gov). Bipartisan support, with key Democrats (e.g. Booker, Schiff) backing it ⚙️ Key Provisions Highlights Full reserves: Stablecoins must be backed 1:1 by cash, Treasuries, or similar assets AML/AML compliance: Must follow Bank Secrecy Act, including recordkeeping and sanctions screening Redemption priority: Token holders get first claim in issuer bankruptcy No big‑tech interest coins: Restricts interest-bearing stablecoins and issuance by large non‑financial firms Foreign access allowed: Foreign issuers can operate in the U.S. under reciprocal conditions 🎙️ Support & Criticism Supporters argue it: Brings clarity and legitimacy to the stablecoin market Boosts consumer protection and market trust Helps keep digital finance innovation within U.S. jurisdiction Critics, led by Sen. Elizabeth Warren, say it: Is too industry-friendly, offering weak consumer and stability safeguards Opens doors for conflicts of interest (e.g. Trump’s USD1 coin) Raises financial stability and illicit finance risks 📌 What’s Next Now moves to the House of Representatives for debate and vote If passed, it goes to the President’s desk and could become law later in 2025.
#GENIUNActPass Here’s a detailed breakdown of the GENIUS Act (S.1582), recently passed by the Senate:

🏛️ What It Is

GENIUS Act stands for Guiding and Establishing National Innovation for U.S. Stablecoins. It creates a federal regulatory framework for payment stablecoins—digital coins pegged to fiat currency—requiring:

Licensed issuers (bank subsidiaries, federal/state‑qualified nonbanks)

100% reserve backing in U.S. dollars or equivalent liquid assets

Monthly public disclosures and audits

Priority redemption rights for holders in bankruptcy

✅ Senate Approval

Passed Senate on June 17, 2025, by a 68–30 vote (congress.gov).

Bipartisan support, with key Democrats (e.g. Booker, Schiff) backing it

⚙️ Key Provisions Highlights

Full reserves: Stablecoins must be backed 1:1 by cash, Treasuries, or similar assets

AML/AML compliance: Must follow Bank Secrecy Act, including recordkeeping and sanctions screening

Redemption priority: Token holders get first claim in issuer bankruptcy

No big‑tech interest coins: Restricts interest-bearing stablecoins and issuance by large non‑financial firms

Foreign access allowed: Foreign issuers can operate in the U.S. under reciprocal conditions

🎙️ Support & Criticism

Supporters argue it:

Brings clarity and legitimacy to the stablecoin market

Boosts consumer protection and market trust

Helps keep digital finance innovation within U.S. jurisdiction

Critics, led by Sen. Elizabeth Warren, say it:

Is too industry-friendly, offering weak consumer and stability safeguards

Opens doors for conflicts of interest (e.g. Trump’s USD1 coin)

Raises financial stability and illicit finance risks

📌 What’s Next

Now moves to the House of Representatives for debate and vote

If passed, it goes to the President’s desk and could become law later in 2025.
U.S. Senate Just Changed the Crypto Game with Stablecoin BillIn a historic move on June 17, 2025, the U.S. Senate passed the GENIUS Act, a sweeping new law that regulates stablecoins—digital currencies pegged to the U.S. dollar. It passed with bipartisan support (68–30) and is being hailed as the most important U.S. crypto legislation to date. So what does it mean? Stablecoin issuers will now be required to: Hold 100% liquid reserves, like dollars and Treasury bonds.Provide monthly audits to prove transparency.Register under a federal framework, ending the patchwork of state laws. This brings much-needed trust to a $250 billion market and could finally make crypto “safe” for banks, governments, and big corporations. 💬 Senator Cynthia Lummis, a long-time crypto supporter, called it “the bridge between Web3 innovation and real-world regulation.” Even crypto critics agree it’s a turning point—though some, like Senator Elizabeth Warren, warn it lacks strong enough anti–money laundering rules. But here’s the kicker: Wall Street is already reacting. Big names like JPMorgan, PayPal, and Circle (issuer of USDC) are doubling down on stablecoin development. With this law, stablecoins could become the backbone of a digital dollar economy. The House vote is next. If passed, the GENIUS Act could spark a new wave of mainstream crypto adoption—paving the way for regulated DeFi, tokenized assets, and even central bank digital currencies (CBDCs). 🧠 What this means for you: Crypto isn’t dying—it’s maturing. Stablecoins just went from risky tokens to potential tools of global finance. 🔁 Share this if you think crypto regulation is long overdue! #CryptoNew #USSenateCrypto #GENIUNActPass #USDT #Bitcoin❗ $BTC $ETH {spot}(ETHUSDT) {future}(BTCUSDT)

U.S. Senate Just Changed the Crypto Game with Stablecoin Bill

In a historic move on June 17, 2025, the U.S. Senate passed the GENIUS Act, a sweeping new law that regulates stablecoins—digital currencies pegged to the U.S. dollar. It passed with bipartisan support (68–30) and is being hailed as the most important U.S. crypto legislation to date.
So what does it mean?
Stablecoin issuers will now be required to:
Hold 100% liquid reserves, like dollars and Treasury bonds.Provide monthly audits to prove transparency.Register under a federal framework, ending the patchwork of state laws.
This brings much-needed trust to a $250 billion market and could finally make crypto “safe” for banks, governments, and big corporations.

💬 Senator Cynthia Lummis, a long-time crypto supporter, called it “the bridge between Web3 innovation and real-world regulation.” Even crypto critics agree it’s a turning point—though some, like Senator Elizabeth Warren, warn it lacks strong enough anti–money laundering rules.

But here’s the kicker: Wall Street is already reacting. Big names like JPMorgan, PayPal, and Circle (issuer of USDC) are doubling down on stablecoin development. With this law, stablecoins could become the backbone of a digital dollar economy.

The House vote is next. If passed, the GENIUS Act could spark a new wave of mainstream crypto adoption—paving the way for regulated DeFi, tokenized assets, and even central bank digital currencies (CBDCs).

🧠 What this means for you:

Crypto isn’t dying—it’s maturing. Stablecoins just went from risky tokens to potential tools of global finance.

🔁 Share this if you think crypto regulation is long overdue!

#CryptoNew #USSenateCrypto #GENIUNActPass #USDT #Bitcoin❗

$BTC $ETH
🇺🇸🚨 Trump Declares Victory — “ONE, BIG, BEAUTIFUL BILL” Passes, Signals Major Legislative Push! 💥📜 #CryptoFigureHeads #MarketRebound #GENIUNActPass #IfYouAreNewToBinance 🗣️ Trump’s X Post – “THE ONE, BIG, BEAUTIFUL BILL” Trump took to X (formerly Twitter) and posted: “THE ONE, BIG, BEAUTIFUL BILL” has PASSED the House of Representatives! This is arguably the most significant piece of Legislation that will ever be signed… truthsocial.com+5x.com+5youtube.com+5 He’s celebrating what he sees as a landmark legislative win, using his signature high-energy tone and bold capitalization. $WCT {spot}(WCTUSDT)
🇺🇸🚨 Trump Declares Victory — “ONE, BIG, BEAUTIFUL BILL” Passes, Signals Major Legislative Push! 💥📜

#CryptoFigureHeads #MarketRebound #GENIUNActPass #IfYouAreNewToBinance

🗣️ Trump’s X Post – “THE ONE, BIG, BEAUTIFUL BILL”

Trump took to X (formerly Twitter) and posted:

“THE ONE, BIG, BEAUTIFUL BILL” has PASSED the House of Representatives! This is arguably the most significant piece of Legislation that will ever be signed… truthsocial.com+5x.com+5youtube.com+5

He’s celebrating what he sees as a landmark legislative win, using his signature high-energy tone and bold capitalization.

$WCT
JUST IN: 🇮🇷 Iranian crypto exchange Nobitex reportedly hacked for $48 million. Funds were sent to a TRON wallet, according to initial blockchain tracing. $TRX #GENIUNActPass
JUST IN: 🇮🇷 Iranian crypto exchange Nobitex reportedly hacked for $48 million.
Funds were sent to a TRON wallet, according to initial blockchain tracing.

$TRX #GENIUNActPass
Ripple Expands Infrastructure with OpenPayd Integration: A Direct Fiat Bridge Into Its Crypto LiquidRipple is tightening its grip on the future of real-time payments. With its latest integration with OpenPayd, Ripple has unlocked a direct fiat bridge into its crypto liquidity ecosystem — enabling seamless transfers between EUR, GBP, and Ripple’s new RLUSD stablecoin. This partnership marks a turning point: Ripple isn’t just building tools for blockchain; it’s constructing the pipes that connect traditional banking to crypto in real time — without friction, without waiting, and with full regulatory compliance. Ripple is Positioning itself, once the #GENIUNActPass , The moon will only be the Limit. Position Yourself and Lock in! $XRP {spot}(XRPUSDT)

Ripple Expands Infrastructure with OpenPayd Integration: A Direct Fiat Bridge Into Its Crypto Liquid

Ripple is tightening its grip on the future of real-time payments. With its latest integration with OpenPayd, Ripple has unlocked a direct fiat bridge into its crypto liquidity ecosystem — enabling seamless transfers between EUR, GBP, and Ripple’s new RLUSD stablecoin.
This partnership marks a turning point: Ripple isn’t just building tools for blockchain; it’s constructing the pipes that connect traditional banking to crypto in real time — without friction, without waiting, and with full regulatory compliance.
Ripple is Positioning itself, once the #GENIUNActPass , The moon will only be the Limit. Position Yourself and Lock in!
$XRP
--
Bullish
🤡 One SPK sold for $19,600 thanks to a pool typo 🎉 teochew.eth set up SPK/USDT with 20,000 USDT but no SPK — and flipped the price by mistake: 1 SPK = $19,000 instead of $0.05 Trader 0x7ef29 spotted it fast and sold 1 SPK, draining the whole pool 🔫 Double-check your decimals or pay the price 😅 #GENIUNActPass {spot}(USDCUSDT)
🤡 One SPK sold for $19,600 thanks to a pool typo

🎉 teochew.eth set up SPK/USDT with 20,000 USDT but no SPK — and flipped the price by mistake: 1 SPK = $19,000 instead of $0.05

Trader 0x7ef29 spotted it fast and sold 1 SPK, draining the whole pool 🔫

Double-check your decimals or pay the price 😅 #GENIUNActPass
HOW to earn money easily in binance 🤑 🤑 🚀 Step-by-Step: How to Trade Cryptocurrency Easily 1. Learn the Basics Understand what cryptocurrency is (Bitcoin, Ethereum, etc.). Know basic terms like wallet, exchange, buy/sell orders, and trading pairs (e.g., BTC/USDT). 2. Choose a Reliable Crypto Exchange Recommended beginner-friendly platforms: Binance, Coinbase, WazirX, KuCoin. Look for low fees, good security, and simple interface. 3. Create & Verify Your Account Sign up with email/phone. Complete KYC (ID verification) for full access. 4. Deposit Funds Add money using UPI, bank transfer, or card. Some platforms let you start with as low as ₹100 or $10. 5. Choose a Crypto to Trade Start with top coins: BTC (Bitcoin), ETH (Ethereum), BNB, SOL, etc. Check their trends and news. 6. Analyze the Market (Basic) Look at charts (candlesticks). Simple strategy: Buy low, sell high. Use tools like: Moving Averages (MA) RSI (Relative Strength Index) 7. Make a Trade Go to the “Trade” section. Select Market Order (instant buy/sell) or Limit Order (set your price). Confirm the transaction. 8. Track Your Trade Monitor price. Set Stop-Loss to limit losses automatically. Take profit when it hits your target. 9. Withdraw Profits You can convert crypto to INR/USD or transfer to your wallet or bank. 🛡️ Safety Tips Never share your passwords or OTPs. Use 2FA (Two-Factor Authentication). Avoid panic buying/selling from social media hype. Don’t keep large amounts on exchanges—use hardware wallets for long-term storage. Want a 1-page visual guide or animated explainer on this? Just let me know! #MyTradingStyle #GENIUNActPass {spot}(BTCUSDT) {future}(BNBUSDT) $BTC $ETH
HOW to earn money easily in binance 🤑 🤑

🚀 Step-by-Step: How to Trade Cryptocurrency Easily

1. Learn the Basics

Understand what cryptocurrency is (Bitcoin, Ethereum, etc.).

Know basic terms like wallet, exchange, buy/sell orders, and trading pairs (e.g., BTC/USDT).

2. Choose a Reliable Crypto Exchange

Recommended beginner-friendly platforms: Binance, Coinbase, WazirX, KuCoin.

Look for low fees, good security, and simple interface.

3. Create & Verify Your Account

Sign up with email/phone.

Complete KYC (ID verification) for full access.

4. Deposit Funds

Add money using UPI, bank transfer, or card.

Some platforms let you start with as low as ₹100 or $10.

5. Choose a Crypto to Trade

Start with top coins: BTC (Bitcoin), ETH (Ethereum), BNB, SOL, etc.

Check their trends and news.

6. Analyze the Market (Basic)

Look at charts (candlesticks).

Simple strategy: Buy low, sell high.

Use tools like:

Moving Averages (MA)

RSI (Relative Strength Index)

7. Make a Trade

Go to the “Trade” section.

Select Market Order (instant buy/sell) or Limit Order (set your price).

Confirm the transaction.

8. Track Your Trade

Monitor price.

Set Stop-Loss to limit losses automatically.

Take profit when it hits your target.

9. Withdraw Profits

You can convert crypto to INR/USD or transfer to your wallet or bank.

🛡️ Safety Tips

Never share your passwords or OTPs.

Use 2FA (Two-Factor Authentication).

Avoid panic buying/selling from social media hype.

Don’t keep large amounts on exchanges—use hardware wallets for long-term storage.

Want a 1-page visual guide or animated explainer on this? Just let me know!
#MyTradingStyle #GENIUNActPass

$BTC $ETH
CoinQuest
--
Bullish
#PEPE Bounce Kicks In – Meme Momentum Returns! 🐸💥

$PEPE rebounds sharply from its 24H low at 0.00000965, now trading above 0.00001030. Buyers are stepping in fast this dip looks like history.

📊 Trade Setup (LONG):
• Buy Zone: 0.00001025 – 0.00001035
• TP1: 0.00001060
• TP2: 0.00001090
• SL: 0.00000980

📈 Market Shift:
• Volume creeping up
• Breakout zone: 0.00001064
• Structure flipping bullish after deep pullback

⚡ Frogs don’t stay underwater for long $PEPE looks ready to rip again!
Stablecoin Regulation Is Here, But What Comes Next for Adoption? The U.S. Senate has just passed the GENIUS Act a landmark move that lays the groundwork for a federally regulated stablecoin framework. The bill enforces full USD reserves, frequent audits, and strict AML/KYC compliance, which means digital dollars are entering a new era of oversight. It’s a regulatory milestone that could open doors for institutional adoption but not without compromise. #GENIUNActPass At the same time, J.P. Morgan has taken a more measured stance. #BTCWhaleMovement The banking giant now expects the stablecoin market to peak at around $500 billion by 2028, slashing its previous trillion-dollar projections. The bank argues that while stablecoins will remain essential in trading, remittances, and DeFi, broader mainstream use may remain elusive under tighter compliance burdens. On one hand, oversight builds trust. On the other, it creates new friction for emerging projects and unbanked users who often rely on the flexibility of decentralized finance. But beyond the speculation and headlines, the age of unchecked growth is giving way to one of measured utility. In that spirit, some platforms are already aligning with this direction offering users a secure entry into the market while embracing the reality of regulation. For those exploring entry points, who meet basic for sign up, for those curious about regulated exchanges (e.g BingX) and user-first incentives, it’s a small window worth noting but 15,000 USDT for newbies As regulation begins to shape crypto’s next chapter, the question for users and builders alike is no longer if the space will evolve but how you choose to be part of it.
Stablecoin Regulation Is Here, But What Comes Next for Adoption?

The U.S. Senate has just passed the GENIUS Act a landmark move that lays the groundwork for a federally regulated stablecoin framework. The bill enforces full USD reserves, frequent audits, and strict AML/KYC compliance, which means digital dollars are entering a new era of oversight.
It’s a regulatory milestone that could open doors for institutional adoption but not without compromise.
#GENIUNActPass
At the same time, J.P. Morgan has taken a more measured stance. #BTCWhaleMovement
The banking giant now expects the stablecoin market to peak at around $500 billion by 2028, slashing its previous trillion-dollar projections. The bank argues that while stablecoins will remain essential in trading, remittances, and DeFi, broader mainstream use may remain elusive under tighter compliance burdens.

On one hand, oversight builds trust. On the other, it creates new friction for emerging projects and unbanked users who often rely on the flexibility of decentralized finance.

But beyond the speculation and headlines, the age of unchecked growth is giving way to one of measured utility.
In that spirit, some platforms are already aligning with this direction offering users a secure entry into the market while embracing the reality of regulation.

For those exploring entry points, who meet basic for sign up, for those curious about regulated exchanges (e.g BingX) and user-first incentives, it’s a small window worth noting but 15,000 USDT for newbies

As regulation begins to shape crypto’s next chapter, the question for users and builders alike is no longer if the space will evolve but how you choose to be part of it.
See original
THE GENIUS ACT / CLARITY / ANTI CBDC has been VALIDATED!!! It just needs to be officially signed by Trump (who is just waiting for that…$) We are entering a new era starting today, and frankly, you are not ready regarding @humafinance , you are really not ready… They are touching on RWA, STABLECOIN, CREDIT, FUNDING, ADVANCE OF FUNDS, ACCELERATION OF GLOBAL PAYMENTS, SAVINGS, INSTITUTION, GENERAL PUBLIC, INCOME OR FUTURE-BASED LOANS (totally unique and new) This paves the way for a monstrous evolution. I tell you loud and clear, $HUMA is going to become a major player in the finance universe #USCryptoWeek #HumaFinance #GENIUNActPass #bullish
THE GENIUS ACT / CLARITY / ANTI CBDC has been VALIDATED!!! It just needs to be officially signed by Trump (who is just waiting for that…$)

We are entering a new era starting today, and frankly, you are not ready regarding @Huma Finance 🟣 , you are really not ready… They are touching on RWA, STABLECOIN, CREDIT, FUNDING, ADVANCE OF FUNDS, ACCELERATION OF GLOBAL PAYMENTS, SAVINGS, INSTITUTION, GENERAL PUBLIC, INCOME OR FUTURE-BASED LOANS (totally unique and new)

This paves the way for a monstrous evolution. I tell you loud and clear, $HUMA is going to become a major player in the finance universe

#USCryptoWeek #HumaFinance #GENIUNActPass #bullish
Today's PNL
2025-07-18
+$446.26
+4.90%
#GENIUNActPass Here’s a detailed breakdown of the GENIUS Act (S.1582), recently passed by the Senate: 🏛️ What It Is GENIUS Act stands for Guiding and Establishing National Innovation for U.S. Stablecoins. It creates a federal regulatory framework for payment stablecoins—digital coins pegged to fiat currency—requiring: Licensed issuers (bank subsidiaries, federal/state‑qualified nonbanks) 100% reserve backing in U.S. dollars or equivalent liquid assets Monthly public disclosures and audits Priority redemption rights for holders in bankruptcy ✅ Senate Approval Passed Senate on June 17, 2025, by a 68–30 vote (congress.gov). Bipartisan support, with key Democrats (e.g. Booker, Schiff) backing it ⚙️ Key Provisions Highlights Full reserves: Stablecoins must be backed 1:1 by cash, Treasuries, or similar assets AML/AML compliance: Must follow Bank Secrecy Act, including recordkeeping and sanctions screening Redemption priority: Token holders get first claim in issuer bankruptcy No big‑tech interest coins: Restricts interest-bearing stablecoins and issuance by large non‑financial firms Foreign access allowed: Foreign issuers can operate in the U.S. under reciprocal conditions 🎙️ Support & Criticism Supporters argue it: Brings clarity and legitimacy to the stablecoin market Boosts consumer protection and market trust Helps keep digital finance innovation within U.S. jurisdiction Critics, led by Sen. Elizabeth Warren, say it: Is too industry-friendly, offering weak consumer and stability safeguards Opens doors for conflicts of interest (e.g. Trump’s USD1 coin) Raises financial stability and illicit finance risks 📌 What’s Next Now moves to the House of Representatives for debate and vote If passed, it goes to the President’s desk and could become law later in 2025.
#GENIUNActPass Here’s a detailed breakdown of the GENIUS Act (S.1582), recently passed by the Senate:

🏛️ What It Is

GENIUS Act stands for Guiding and Establishing National Innovation for U.S. Stablecoins. It creates a federal regulatory framework for payment stablecoins—digital coins pegged to fiat currency—requiring:

Licensed issuers (bank subsidiaries, federal/state‑qualified nonbanks)

100% reserve backing in U.S. dollars or equivalent liquid assets

Monthly public disclosures and audits

Priority redemption rights for holders in bankruptcy

✅ Senate Approval

Passed Senate on June 17, 2025, by a 68–30 vote (congress.gov).

Bipartisan support, with key Democrats (e.g. Booker, Schiff) backing it

⚙️ Key Provisions Highlights

Full reserves: Stablecoins must be backed 1:1 by cash, Treasuries, or similar assets

AML/AML compliance: Must follow Bank Secrecy Act, including recordkeeping and sanctions screening

Redemption priority: Token holders get first claim in issuer bankruptcy

No big‑tech interest coins: Restricts interest-bearing stablecoins and issuance by large non‑financial firms

Foreign access allowed: Foreign issuers can operate in the U.S. under reciprocal conditions

🎙️ Support & Criticism

Supporters argue it:

Brings clarity and legitimacy to the stablecoin market

Boosts consumer protection and market trust

Helps keep digital finance innovation within U.S. jurisdiction

Critics, led by Sen. Elizabeth Warren, say it:

Is too industry-friendly, offering weak consumer and stability safeguards

Opens doors for conflicts of interest (e.g. Trump’s USD1 coin)

Raises financial stability and illicit finance risks

📌 What’s Next

Now moves to the House of Representatives for debate and vote

If passed, it goes to the President’s desk and could become law later in 2025.
**The GENIUS Act: A Landmark for Stablecoin Regulation** The recent passage of the **GENIUS Act** by the U.S. Senate has sparked significant momentum in the crypto sector, particularly for stablecoins. With strong bipartisan support (68-30 vote), the bill provides regulatory clarity, boosting investor confidence and driving rallies in crypto-related stocks like **Circle (CRCL)**, which surged **16% to a record $176** post-vote . The act aims to establish a clear framework for stablecoin oversight, addressing long-standing uncertainties. Its impact extends beyond markets: companies like **Ripple, Gemini, and Coinbase** also saw gains, reflecting broader optimism about blockchain finance’s future in the U.S. . Critically, the GENIUS Act underscores a growing political consensus on balancing innovation with consumer protection. While the House’s next steps remain pivotal, the Senate’s decisive action signals a transformative shift for digital assets. For investors, this marks a milestone—merging regulatory stability with the dynamic potential of crypto. #GENIUNActPass
**The GENIUS Act: A Landmark for Stablecoin Regulation**

The recent passage of the **GENIUS Act** by the U.S. Senate has sparked significant momentum in the crypto sector, particularly for stablecoins. With strong bipartisan support (68-30 vote), the bill provides regulatory clarity, boosting investor confidence and driving rallies in crypto-related stocks like **Circle (CRCL)**, which surged **16% to a record $176** post-vote .

The act aims to establish a clear framework for stablecoin oversight, addressing long-standing uncertainties. Its impact extends beyond markets: companies like **Ripple, Gemini, and Coinbase** also saw gains, reflecting broader optimism about blockchain finance’s future in the U.S. .

Critically, the GENIUS Act underscores a growing political consensus on balancing innovation with consumer protection. While the House’s next steps remain pivotal, the Senate’s decisive action signals a transformative shift for digital assets. For investors, this marks a milestone—merging regulatory stability with the dynamic potential of crypto.

#GENIUNActPass
The judge presiding over Do Kwon's hearing; emphasized the GENIUS Act and the Clarity Act in both hearings. If these laws are enacted as specified, they will release Do Kwon. Do Kwon may not even receive a sentence. If he does receive one, it will count towards his time in custody. If there is any remaining time, it will be converted to a fine. In our opinion, if the laws are enacted, Do Kwon will not receive a sentence. We believe he has already paid the price for his offense during the time he has served. Do Kwon should be released now... #GENIUNActPass #DoKwon #LUNC #LUNA #BullishMomentum
The judge presiding over Do Kwon's hearing; emphasized the GENIUS Act and the Clarity Act in both hearings. If these laws are enacted as specified, they will release Do Kwon.

Do Kwon may not even receive a sentence. If he does receive one, it will count towards his time in custody. If there is any remaining time, it will be converted to a fine.

In our opinion, if the laws are enacted, Do Kwon will not receive a sentence. We believe he has already paid the price for his offense during the time he has served. Do Kwon should be released now...

#GENIUNActPass
#DoKwon
#LUNC
#LUNA
#BullishMomentum
Login to explore more contents
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number