AS Passes the GENIUS Act, Regulates Stablecoins More Strictly and Clearly! 🇺🇸
The United States Senate has officially passed the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins) with a voting result of 51-23.
What does it mean?
✅ There is national regulation specifically for stablecoins
✅ Audit and 1:1 reserves become mandatory
✅ The legality and adoption of stablecoins will become faster and more structured
This step could become a strong foundation for the growth of the digital asset industry in the US — and may be emulated by other countries.
In your opinion, is this a positive signal for the future of global stablecoins?
Write your opinion in the comments and follow this account for the latest crypto insights! 🔥🚀
#Stablecoin #CryptoRegulation #GENIUSAct #BinanceSquareID #USCryptoLaw