#GENIUSAct introduced on 4 Feb 2025.😃

👉1. why it is : A new u.s law planning to create clear rules for stablecoin which digital currency tied with u.s dollar , to keep their value stable or steady.

👉2. why it matters : for stablecoin the law aim to make them safer and more trusted .

👉3. approved issuers only: only licenced company banks and investment firms can create stablecoin .

👉4. not securities : stablecoin not treated like stock and investment bond . Planning to make their legal status .

* ON BINANCE SQUARE USERS POSING NONSENSE LIKE XRP,BTC holder stay or alert for what .

the genius law will for stabilility on stablecoin. yes investment philosophy of people will increase.

written by sabbir1139