💥 SEC Chairman Paul Atkins: The approval of the **GENIUS** Act for stablecoins is a "major step forward" for cryptocurrencies.
Many investment firms and top figures in the crypto industry have previously stated that stablecoin regulation would be a powerful driver for the crypto industry and markets.
🚀 Important for adoption—GENIUS Act approval structurally widens fiat-crypto pipes via bank deposits; watch for presidential signature by July 25 ±3 days.