📜 The US Senate has approved the stablecoin legislation! 🇺🇸

✅ The GENIUS Act has been passed with a large majority (68–30) —

the first federal law in US history regulating stablecoins!

What this means:

🔒 Issuers are required to hold 100% reserves

🏦 Only licensed financial institutions will be able to issue stablecoins

💵 Increased oversight of USD-pegged tokens

👮‍♂️ Financial monitoring and reporting — at the level of banks

⚠️ This is a giant step towards the legalization of the digital dollar

and a green light for institutional investors.

💬 Crypto is coming out of the gray zone — it is now officially regulated, not just "tolerated".

#Stablecoins #GENIUSAct #CryptoLaw #PJW #Regulation

🛡 Not financial advice. DYOR.