🌐 The U.S. House of Representatives voted yesterday to adopt two historic bills:
➡️ GENIUS Act and CLARITY Act.
1️⃣ The GENIUS Act establishes a strict regulatory framework for dollar stablecoins.
✏️ The GENIUS Act is sent to Trump for signing.
2️⃣ The CLARITY Act — the second bill passed today — establishes a regulatory framework for all digital assets, defining the powers of the SEC and CFTC.
✏️ The CLARITY Act defines critically important issues: what constitutes a security, the listing process, the responsibilities of platforms, and much more.
✏️ The CLARITY Act is now sent to the Senate.