#GENIUSActPass The approval of the GENIUS Act by the U.S. Senate represents a crucial milestone in the regulation of stablecoins (#GENIUSActPass). With a vote of 68 to 30, this bipartisan bill creates the first federal legal framework for stablecoins like USDT and USDC, requiring reserves in liquid assets (such as Treasury bonds), annual audits, and inclusion of foreign issuers under regulatory oversight.

Although the bill faces criticism — including accusations of conflict of interest due to former President Trump's crypto investments and concerns about insufficient anti-money laundering regulations — its progress demonstrates an increasing political will to legitimize the crypto ecosystem. The text now moves to the House of Representatives, where it is expected to advance in the coming weeks, with the aim of becoming law before autumn.