#GENIUSAct

The #GENIUSAct, officially known as the "Guiding and Establishing National Innovation for US Stablecoins of 2025," is a legislative proposal aimed at regulating stablecoins, a type of cryptocurrency. The act seeks to establish a framework for the innovation and implementation of digital stablecoins in the United States, addressing issues related to consumer protection, transparency, and financial stability. It emphasizes the need for a clear regulatory approach to ensure safe and efficient digital payment systems, fostering growth within the cryptocurrency market. As of now, the act is in the legislative process, with discussions ongoing within the U.S. Senate.