$BTC U.S. Senate Passes Stablecoin Legislation GENIUS Act 🚨
Behind the scenes: The Republican Party wants to capture the crypto votes of Trump supporters, while the Democrats are not falling behind but are worried about insufficient regulation.
The result is—crypto industry executives are accelerating lobbying efforts, and legislation is finally advancing ✅$BTC
This bill legitimizes stablecoins, providing regulation and a preview of licensing.
Stablecoins are a new colonial tool for the U.S. dollar, with legislation = official recognition of their global expansion capabilities.
👀 Key points:
Pass by May 26 = election campaign rhythm
Controversial focus: Can officials trade cryptocurrencies?
The industry's financial influence on legislative transparency is something we need to keep a close eye on.