#GENIUSActPass

๐Ÿ”ฅ๐Ÿš€ #GENIUSActPass: Cryptoโ€™s Game-Changer! ๐Ÿ›๏ธ

The U.S. Senate just approved the GENIUS Act in a 68โ€“30 bipartisan vote, marking a pivotal moment for stablecoin regulationโ€”and it's trending everywhere! #GENIUSActPas empowers digital dollar tokens with real-world credibility by mandating:

๐Ÿ’ฐ 1:1 reserve backing in cash or Treasuries

๐Ÿ” Monthly audits, annual oversight for big issuers

๐Ÿ›ก๏ธ AML checks and consumer protections

This isnโ€™t just bureaucracyโ€”itโ€™s adoption. Coinbase stock surged (~16โ€“17%), spotlighting cryptoโ€™s leap toward legitimacy . Major players are watchingโ€”stablecoins are now a mainstream financial instrument.

But hold tight: it's now up to the House (via the STABLE Act) before heading to the Presidentโ€™s desk. Watch this spaceโ€”U.S. crypto rules are getting ๐Ÿ”ฅ!