🇺🇸 Integration of crypto into the US financial system — is it all awesome or not?

💬 Many crypto channels spread disinfo, claiming that all 3 acts have already been passed and life is a bed of roses. Let's figure out the facts:

🟢 GENIUS Act (stablecoins within the banking system): Everything has been passed, only #Trump's signature is left;

🟠 CLARITY Act (delineates SEC and CFTC, more freedom for crypto in the market): The House has passed it, but now it's up to the Senate, and half of them are still problematic;

🟠 Anti-CBDC Act (ban on digital dollar): Just barely passed the House, Democrats in the Senate will fight it with all their might.

🤔 It's funny that on Tuesday, July 15, all 3 laws were rejected, Trump called the rebels to the White House and gave them a hard time there. By Thursday, everything was already passed, at least somewhere and on the edge.

This is definitely a green light for crypto, but there’s still a long way to go for proper integration into the banking system, just like Pasha Durov has a long way to go to enter the West. 😭