#MyTradingStyle #GENIUSActPass
🇺🇸 Big news out of Washington — the U.S. Senate just passed the GENIUS Act with a strong 68–30 vote.
This could be a turning point for stablecoins in the U.S. 🚀
🔒 The bill lays out clear rules:
• Full 1:1 backing with liquid reserves
• Monthly reserve disclosures and annual audits
• No interest or yield to users
• Licensed banks can issue stablecoins
• Technical ability to freeze/seize assets for legal compliance
With this move, the U.S. is finally setting the stage for regulated digital dollars — and giants like Visa, Amazon, and Mastercard are already watching closely.
📍 Next: a House vote, then the STABLE and CLARITY Acts. Final approval could come as early as this summer.
💬 What’s your take?
Will this spark mass adoption — or lead to tighter controls?