#US Cryptocurrency Legislation
🚨US Senate Passes Stablecoin Bill GENIUS Act 🚨
Behind the scenes: Republicans want to capture the crypto votes of Trump supporters, while Democrats are eager to keep up but fear insufficient regulation.
The result is——crypto industry executives accelerate lobbying efforts, and legislation finally progresses ✅$BTC
This bill gives stablecoins a proper name, it is regulation, and also a rehearsal for licensing.
Stablecoins are a new colonial tool for the US dollar, legislation = official recognition of their global expansion capabilities.
👀Key points:
Passed by May 26 = election campaign rhythm
Controversy focus: Can officials trade cryptocurrencies?
Industry spending impacts the transparency of legislation, which is worth our continuous attention.
My view👇
This is the biggest step on the path to cryptocurrency legalization. Don't forget: the bill is not about giving us freedom, but about giving the dollar greater control.
What you should pay attention to next:
👉 Which stablecoin projects will benefit?
👉 Which crypto lawmakers are actually doing their jobs?
👉 Does your own capital allocation match this round of “dollar minting tax” crypto transformation?
