#GENIUSActPass United States 🇺🇲 has just written ✒️ a decisive page 📃 of modern monetary history 🪙 in its legislation 🏦. With the approval of the GENIUS Act, the U.S. Senate formalizes the legalization of tokenized dollars 💵. This is a turning point for digital finance and a strong signal to the rest of the world 🌎🌍. We can summarize this as follows:
1- The Senate adopts the GENIUS Act 📜, the first federal legal framework dedicated to stablecoins 🪙.
2- Each stablecoin 🪙 must be backed by the dollar 💵 and audited monthly 🔍.
3- Banks 🏦, fintechs, and regulated businesses can now legally issue their own stablecoins 🪙.
With the approval of this Act, do you think other countries will follow suit 🤔?
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