#GENIUSAct The GENIUS Stable coin bill has taken a critical step forward, potentially paving the way for the first federal level regulatory framework for the stable coins in United States. A regulatory pressure has increased according to this matter. An XRP advocate has warned that other crypto laws are unlikely to pass if the stablecoin bill fails

XRP advocate John Dayton has warned that crypto regulation laws could stall until 2029 if the GENIUS Act, which focuses on stablecoin laws, fails in the US Senate.

According to $XRP advocate John E. Dayton, if the Stablecoin bill GENIUS Act does not pass the US Senate, there may not be any major crypto legislation before 2029.