📜 #GENIUSActPass : A key change for cryptocurrencies in the U.S. 🇺🇸
The U.S. Congress has taken a historic step by passing the GENIUS Act (Guiding Emerging New Industries for U.S. Strength), a bill that redefines the legal landscape for cryptocurrencies and Web3. 💼
🔍 Key points of the GENIUS Act:
• Legally defines digital assets and tokens as property.
• Establishes a clear framework for exchanges and custodians.
• Protects innovation in blockchain without stifling growth.
This move sends a clear signal: the United States does not want to fall behind in the global race for technological leadership. By providing legal certainty, the GENIUS Act can attract investments, talent, and institutional adoption. 🚀
🌎 Expected impact on the ecosystem:
• Increased interest from traditional funds and banks.
• U.S.-based crypto startups will have more legal backing.
• Infrastructure-related tokens, such as $ETH, could benefit.
Regulators like the SEC and the CFTC will need to adapt to this new framework. As a result, a reduction in regulatory risk is expected, which has historically been a barrier for many investors.
💡 In summary: this law could mark the beginning of a new era for cryptocurrencies in the U.S., based on clear rules and a long-term vision. Stay tuned for the DeFi, infrastructure, and stablecoin sectors. The market is already reacting. 📈