$XRP advocate and legal expert John E. Dayton has cautioned that failure to pass the GENIUS Act—legislation targeting stablecoin regulation—could significantly delay comprehensive crypto regulatory reform in the United States until at least 2029. Dayton, known for his role in the XRP legal proceedings, emphasized via social media that the bill is both non-controversial and aligned with national interests.
He warned that the Senate’s inaction may perpetuate regulatory uncertainty, impeding the integration and legitimacy of digital assets within the broader financial ecosystem. The #GENIUSAct passage is seen as pivotal for advancing legislative clarity in the crypto industry.
