#GENIUSActPass

#GENIUSActPass represents a landmark moment in U.S. cryptocurrency regulation. The United States Senate has broken a filibuster and advanced the GENIUS Act -the first comprehensive federal framework regulating stablecoins Reuters .The GENIUS Act is a proposed bill that regulates stablecoins, a $200 billion part of the multi-trillion-dollar cryptocurrency system The White House The bill sets rules for stablecoin issuers, including a mandate that firms hold a reserve of assets underlying the cryptocurrency CNBC providing crucial Consumner protections. It Would allow banks regular, normal banks -to issue a form of cryptocurrency called

"'stablecoins" PBS, bridging traditional finance with digital assets. The legislation aims to regulate the roughly $238 billion stablecoin market, creating a clearer fi work for banks,