#GENIUSActPass Binance's campaign focuses on promoting the passage of the GENIUS Act in the US Senate on June 17, 2025, which is a bill to establish a regulatory framework for stablecoins.

Binance explained that the law will contribute to:

Enhancing the United States' position as a global power in digital currencies,

Accelerating payment transactions,

Opening new innovation and marketing opportunities for industries related to stablecoins.

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Highlights from Binance's content:

1. Industry support: The campaign described that the law aims to "enable the United States to lead globally in digital currencies," with the possibility of instant payment settlements instead of waiting days.

2. Market expectations: Nick Tomaino, founder of 1confirmation, emphasized that this law could push the market value of stablecoins to potentially grow by tenfold.

3. Emission ban: The law includes a ban on non-financial companies (like Meta or Amazon) from issuing their own stablecoins unless they coordinate with regulatory authorities.

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🧩 Why is Binance promoting the campaign?

Binance believes that the law will enhance the regulatory environment for digital currency transactions, providing users with greater confidence and increasing demand for its services.

Additionally, it is in Binance's interest to serve as the "regulatory infrastructure" that will support stablecoins and pave the way for the entry of major companies.