The "GENIUS" Act is a bill in the U.S. Senate to regulate stablecoins, which are digital currencies linked to assets like the dollar. The law was passed by a closed vote on May 19, 2025, allowing for a discussion lasting up to 30 hours before the final vote. Proponents say it provides clear rules, protects consumers, and enhances the competitiveness of the United States in the digital currency market. Critics argue that it lacks strong consumer protections, may favor large companies, and could pose financial risks if major issuers fail. Some Democrats also raise concerns about political connections influencing the bill. Its next steps include discussion in the Senate and a potential vote in the House of Representatives. This discussion reflects the tensions between innovation and regulation.
Keep in mind that this has surpassed the hardest step, which is the vote of the U.S. Senate
And the U.S. House of Representatives is working to pass this law as soon as possible
For its republican nature that supports technological innovation
And the speed of the United States in new digital financial innovation
Congratulations and follow these frameworks closely
Because those who do not see that legislation does not change anything do not see, hear, or think
A mere speculative living being
Does not know the financial difference between the speculative market
And the open market with trillions of trillions of dollars
And do not listen to those who say 2040
Because legislation is happening now
And not in 2040