$XRP Alert: Crypto Laws at Risk if Stablecoin Bill Fails!
Deaton: No Crypto Progress Until 2029 Without Action
$XRP advocate John E. Deaton warns that if the GENIUS Act, a stablecoin regulation bill, fails in the U.S. Senate, broader crypto laws could be delayed until 2029.
Backed by Senator Bill Hagerty, the GENIUS Act sets rules for stablecoin issuers to ensure security and boost U.S. innovation. Despite strong industry support, resistance remains — especially from figures like Sen. Elizabeth Warren, citing financial risks.
Why it matter?
Without this “simple” bill, major crypto reforms — including tax rules, market structure, a XRP clarity — could be frozen for years.
Senate vote coming soon. Eyes on $XRP