#StablecoinLaw 🧊 #StablecoinLaw | The Turning Point for Regulated Crypto Assets
The new GENIUS Act, signed in the US, is a historic milestone for the crypto market. Now, companies like JPMorgan, Amazon, Apple, Mastercard, and other financial giants are legally authorized to issue dollar-backed stablecoins under a clear and audited framework.
📈 What Changes?
• Stablecoins must have a 1:1 backing in dollars or Treasury securities
• Mandatory monthly reports and regular audits
• Permission for traditional companies to issue regulated stablecoins
• Mixed regulation: federal + state control
💥 Immediate Impact:
• Crypto market capitalization surpassed US$ 4 trillion
• Bitcoin approaches US$ 123 thousand
• Ethereum surpasses US$ 3.500
• Wall Street fully enters the game
🔍 According to Binance:
“This is a game changer. There is now enough legal clarity for large institutions to innovate with confidence.”