#GENIUSAct

The GENIUS Act Moves Forward – Here’s What You Need to Know

The U.S. Senate just took a big step towards regulating stable coins with the #GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins). On May 21, 2025, it passed a key procedural vote 69–31, showing strong bipartisan support. A final vote is expected after Memorial Day.

**What’s in the Bill?**

- **Reserve Requirements: Stablecoin issuers must back every token 1:1 with cash or short-term Treasuries.

- AML Rules: Issuers now fall under the Bank Secrecy Act, meaning stricter anti-money laundering checks.

- Transparency: Big issuers (over $50B) must publish monthly reserve reports and yearly audits.

- Ethics Rules: Congress members and execs involved in stable coins must follow conflict-of-interest laws.

Why It Matters

This could bring more trust and stability to crypto markets. Traders are watching closely—clearer rules might mean more institutional money flowing into stablecoins and DeFi.

Market Reaction

$BTC , $ETH , $BNB and major stablecoinscould see a boost as uncertainty fades.

DeFi projects may adapt quickly to comply, leading to new opportunities.

What to Do? Keep an eye on the final vote. If this passes, we could see a fresh wave of confidence in crypto.