#GENIUSActPass #GENIUSActPass 🇺🇸📜 | A Turning Point for U.S. Crypto Policy?
The U.S. House has officially passed the GENIUS Act — short for Government-Enabled National Incorporation of U.S. Stablecoins Act. This landmark legislation could reshape the crypto landscape by setting a clearer regulatory path for USD-backed stablecoins.
🔍 Key Highlights:
Creates a federal framework for stablecoin issuance and compliance
Encourages innovation while safeguarding consumer protections
Empowers both banks and non-banks to issue regulated stablecoins
Potentially strengthens the U.S. dollar's role in digital finance
💬 Why It Matters for Crypto: The GENIUS Act could be a major step toward mainstream adoption of stablecoins, ensuring they’re safely integrated into global financial systems — and keeping U.S. crypto policy competitive on the global stage.
📈 Eyes now turn to the Senate for the next chapter…
#CryptoRegulation #Stablecoins #USCryptoPolicy #BinanceSquare #GENIUSAct #Web3 #CryptoNews #DYOR