🔥Crypto News🚀
The Senate approves the GENIUS bill on stablecoins, granting the cryptocurrency industry its first significant legislative victory.
👉Key Points.👈
✅ The GENIUS Act establishes the first federal framework for dollar-pegged stablecoins, granting broad powers to the Treasury Department and opening the door to banks, fintech companies, and retailers.
✅ Democrats failed to secure a provision that would prevent the president from profiting, even as
✅ Trump revealed that he made 57 million dollars in token sales alone in 2024. ✅Reports indicate that industry giants like Amazon and Walmart are opting for stablecoin-like offerings as payment networks prepare for disruption.
