š§ #StablecoinLaw
The turning point for regulated cryptoassets
The new GENIUS Act, signed in the USA, 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.
š 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
š„ Immediate impact:
⢠Crypto market capitalization surpassed US$ 4 trillion
⢠Bitcoin approaches US$ 123 thousand
⢠Ethereum exceeds US$ 3.500
⢠Wall Street fully enters the game
š According to Binance:
"This is a game changer. There is now sufficient legal clarity for large institutions to innovate with confidence."
āø»
š The future has begun.
Prepare for a new era where stablecoins will be part of the global financial system, with more security, transparency, and access.