#GENIUSActPass

The GENIUS Act is a new law passed by the U.S. Senate on June 17, 2025 🏛️. It sets the first clear rules for stablecoins—a type of cryptocurrency that’s tied to the U.S. dollar 💵🔗.

🔑 Key Points :

Stablecoins must be backed by real money or safe investments 💰🏦

They won’t be treated like stocks or regular crypto 📉🚫

Big companies can choose to be regulated by either the federal or state government 🏛️📜

Big tech firms can’t create stablecoins unless they follow the rules 🖥️🔒

The law adds safety protections for users 🛡️✅

Now it moves to the House of Representatives 🏠 for more review. Lawmakers hope to make it official by August 2025 📅.