GENIUS Act Passed — Big Win for Crypto & Stablecoin Regulation in the U.S. 🤩
The U.S. House just passed the GENIUS Act, and major players like SEC’s Paul Atkins and #Aptos CEO Avery Ching are celebrating. The Act lays out a proper regulatory framework for payment stablecoins — aiming to make transactions quicker, cheaper, and safer, while still protecting users from risk. Avery Ching says this law positions the U.S. as a leader in financial innovation.
This is a huge step forward. Instead of fighting crypto, the U.S. is now trying to guide it responsibly. If done right, this could make stablecoins mainstream and finally bring some clarity and trust to the space. Exciting times for Web3 builders and investors.
If you enjoy my content, feel free to follow me ❤️