The United States is on the brink of a cryptocurrency revolution. The Digital Asset Draft Law of 2025, also known as the GENIUS Act, is gaining traction in Congress, signaling a potential shift in how digital assets are regulated.

🔍 Key Points:

Clear Definition: The draft law seeks to define digital assets, distinguishing between payment stablecoins and other types of cryptocurrencies.

Library of Congress

Regulatory Framework: Establishes a process for organizations wishing to apply for a license to issue stablecoins, implementing reserve requirements and specific regulatory standards.

Senator Bill Hagerty

Bipartisan Support: The GENIUS Act has received support across party lines, indicating a unified approach to cryptocurrency regulation.