April 17 is considered the next important step for passing this law.
What is the GENIUS Act?
The GENIUS Act (short for Guiding and Establishing National Innovation for US Stablecoins) is proposed legislation in the United States aimed at establishing a comprehensive regulatory framework for stablecoins — cryptocurrencies designed to maintain a stable value by pegging them to assets such as the US dollar or gold.
This law is a crucial step in regulating the stablecoin market, which has surpassed a market value of $248 billion in 2025.
