$BTC 🚨US Senate Passes Stablecoin Bill GENIUS Act 🚨
Behind the scenes: The Republicans want to capture the crypto votes of Trump supporters, while the Democrats don't want to fall behind, but fear inadequate regulation.
The result is—crypto industry executives accelerate lobbying for blood transfusion, and legislation finally advances ✅$BTC
This bill legitimizes stablecoins; it is regulation, but also a rehearsal for licensing.
Stablecoins are a new colonial tool for the dollar, and legislation = official recognition of their global expansion function.
👀Key points:
Passed by May 26 = election campaign rhythm
Controversy focal point: Can officials trade cryptocurrencies?
Industry spending affects the transparency of legislation, which is worth our continued attention.
My view👇
This is the biggest step on the path to crypto legalization. Don't forget: The bill is not about giving us freedom; it grants greater control over the dollar.
Next, you should focus on:
👉 Which stablecoin projects will benefit?
👉 Which crypto legislators are actually doing their jobs?
👉 Does your own asset allocation match this round of “dollar minting tax” crypto conversion?