🚨 WASHINGTON ADVANCES CRYPTO BILLS—REGULATORY MOMENTUM BUILDING! 🚨
$BTC
🔹 GENIUS Act Progress: The Senate cleared a 66–32 procedural vote on May 19, moving forward a landmark stablecoin framework to define “payment stablecoins” and issuer requirements
🔹 Blockchain Certainty Act: Rep. Tom Emmer reintroduced this bipartisan bill to clarify when blockchain entities qualify as money transmitters, reducing legal ambiguity for DeFi projects
🔹 Bipartisan Backing: Rashan Colbert of the Crypto Council for Innovation praises robust guidelines on permitted issuers—from bank subsidiaries to approved non-bank entities
💬 POLL: Will these bills foster US crypto innovation or impose burdensome regulation?
· 🚀 Innovation Ahead
· 🛑 Too Restrictive
· 🤔 Depends on the Final Bill
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