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The founders of the crypto ecosystem have been saying for years: 'we want regulation that does not stifle innovation.' These laws represent one of the first significant responses to that request, and it is expected that the markets will react positively upon seeing that certain guidelines are finally starting to take shape, said Robinson Burkley, co-founder of Wormhole Foundation, a firm dedicated to leading infrastructure in blockchain interoperability.
The specialist noted that "the GENIUS Act blocks the possibility of a digital dollar issued by the government (CBDC), which protects against surveillance structures and keeps space for private innovation. Meanwhile, the Clarity Act proposes a clear framework for issuing stablecoins with adequate backing and transparency obligations. This reduces the risk for institutions that want to adopt these technologies and gives developers a concrete regulatory path to move forward."
He finally explained that "while the Clarity Act excludes cases like algorithmic stablecoins and may favor certain actors over others, the overall balance is positive: these initiatives help the crypto ecosystem mature in a way that allows for broader adoption. I imagine that the markets will see it that way too."
Trump's support for cryptocurrencies has become one of the factors that has been boosting the rise of these digital assets, although at one point, the president labeled them a scam. However, his opinion changed as he gained support from the sector and became involved in the industry as an entrepreneur, establishing ties with companies like World Liberty Financial.
Those who support the legislation claim that its goal is to establish clear standards for a growing industry, ensuring that the United States keeps pace with advances in payment systems.
