#GENIUSActPass What is the GENIUS Law?
Its full name is "Law to Guide and Establish National Innovation for U.S. Stablecoins." In summary, it is a proposed law that seeks to create clear and solid rules for companies that issue stablecoins.
Why is it important?
Trust and Security: Currently, there is no specific federal law regulating stablecoins. This means that if something goes wrong with a stablecoin, users