#GENIUSActPass BREAKING NEWS: GENIUS Act passes Senate!! "—Major Win for U.S. Crypto Regulation" 💥Here’s What You Need to Know
🔹 Historic Move: Senate passes the GENIUS Act — the first major U.S. legislation to regulate stable coins.
🔹 Stable coin Framework: Sets federal rules for issuing and trading stable coins like USD-pegged tokens.
🔹 Big Players Ready: Wall Street, banks, Amazon, and Walmart are eyeing stable coin launches.
🔹 Trillions Incoming? Could trigger massive inflow of capital into crypto markets. 📈
🔹 Lower Borrowing Costs: More demand for U.S. Treasuries = potential reduction in national debt. 📉
🔹 Regulatory Clarity: A major win for digital asset innovation and legal certainty. ✅
🔹 Political Tensions: Potential conflicts of interest in the White House.
🛠️ Next Steps:
👉 House Vote Next: The bill now moves to the House, where GOP members may try to merge it with broader crypto legislation.
👉 Presidential Signature Needed: If passed, the bill heads to President Trump’s desk for final approval.
👉 Deadline Pressure: Senate Republicans are pushing for passage by July 4—but timing remains uncertain.