The U.S. House just passed the GENIUS Act, a federal framework for stablecoins, in a decisive 308–122 vote—sending the bill to President Trump for signature. Alongside it, two companion bills—the Anti-CBDC Surveillance State Act and the Digital Asset Market Clarity Act—also advanced, signaling a pivotal moment for crypto regulation.
But amid bipartisan support, Representative Marjorie Taylor Greene voiced fierce opposition, warning the bill opens doors to a “government-controlled cashless society,” and criticizing the lack of explicit CBDC protections. This clash underscores a deeper ideological divide within the crypto-friendly faction: while many celebrate the prospect of clarity and consumer safeguards, skepticism remains around the balance between regulation and freedom.
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For the average trader or builder, this legislative momentum offers both opportunity and caution—it could accelerate stablecoin integrations and DeFi adoption, yet also shift the spotlight to regulatory watchdogs. Platforms like Binance should lean in now with clear messaging, educational materials, and tools that help users navigate this shifting legal landscape.