#StablecoinLaw
🚨🚨Crypto Milestone in the U.S.! 🇺🇸 GENIUS Act for Stablecoins Approved and Enacted 🚀
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_The U.S. House of Representatives approved the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) on July 17, 2025, marking a historic day for cryptocurrencies. 🏛️ This legislation, which aims to establish a comprehensive regulatory framework for stablecoins, had already been approved by the Senate in June and was signed into law by President Donald Trump on July 18, 2025 ✍️.
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_The GENIUS Act requires that stablecoins be backed one-to-one by U.S. dollars or low-risk assets 💲, promoting transparency and consumer protection. This measure is seen as a crucial step for the legitimization and mass adoption of cryptocurrencies, strengthening the role of the U.S. dollar in the global digital ecosystem. 🌐 It is expected to drive innovation and investment in the sector. ✨
$USDC
