#USStablecoinBill 💥 U.S. Stablecoin Bill: The Crypto Game-Changer You Need to Know 🚀

Just when I thought I’d seen it all in crypto, the U.S. Senate dropped a bombshell: the GENIUS Act is almost here. This bipartisan bill is set to redefine the stablecoin landscape, and I’m here for it.

CoinMarketCap

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Cointelegraph

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Crypto TV Plus

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Axios

The GENIUS Act introduces clear licensing and reserve requirements for stablecoin issuers, aiming to bolster the U.S. dollar's dominance in the digital economy. Issuers with over $10 billion in circulation will fall under Federal Reserve oversight, while smaller players can opt for state-level regulation.

ABA Banking Journal

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PYMNTS.com

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Cointelegraph

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CoinMarketCap

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Cointelegraph

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But here's where it gets spicy: the bill's ties to President Trump's crypto ventures have stirred controversy. Critics argue that his family's involvement in a $2 billion stablecoin deal could lead to conflicts of interest. Despite these concerns, proponents argue that the bill's provisions are designed to ensure transparency and prevent misuse.

Politico

Politico

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Axios

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WIRED

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With the Senate Banking Committee's approval and a full Senate vote on the horizon, this legislation could land on President Trump's desk within the next two months. If passed, it could reshape the future of digital finance.

Shib Daily

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Cointelegraph

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Stay tuned, folks. The crypto world is about to get a whole lot more interesting. 🔥