2025 Genius Law: A Game Changer for Stablecoins or Regulatory Overreach? đī¸đĩ
The GENIUS Act (Guiding and Establishing National Innovation for the United States. The Stablecoin Act of 2025) is a major bipartisan push to regulate stablecoins in the United States.
Hereâs what you need to know:
đĻ Issuance Rules: Only licensed entities may issue stablecoins, backed 1:1 by the U.S. dollar or high-quality assets such as Treasury bills.
đ Reserves Must Be Secure: Reserves must be separated from company funds and audited monthly.
đī¸ Oversight Structure:
Issuers with a market capitalization below $10 billion may choose state regulation.
Above that, they must comply with federal rules within 360 days.
đĨ Consumer Protection and Anti-Money Laundering Compliance are mandatory.
Political Status:
â The Senate Banking Committee passed it (18-6) on March 13, 2025.
â ī¸ 9 Senate Democrats just withdrew support over money laundering concerns.
Is the GENIUS Act a smart step forward or a threat to crypto innovation?
What do you think?
