Looks like Trump is finally starting to follow through on his crypto promises! So, what just happened that you might’ve missed? 👀
Something historic is unfolding right now: the President of the United States actively pushed two groundbreaking bills that could disrupt the traditional banking system.
These two bills - GENIUS and CLARITY - are set to give crypto official legal status for the first time in U.S. history.
🧾 CLARITY ACT:
▪️ Classifies crypto as commodities, not securities - a huge win for the entire industry.
▪️ Securities (like stocks) fall under SEC control, while commodities (like gold, oil, and wheat) are more lightly regulated.
▪️ Now, Bitcoin and Ethereum will be treated like commodities.
▪️ This means no more lawsuits from the SEC, like the one that killed Telegram’s GRAM token in 2020.
▪️ For the first time ever, the U.S. officially acknowledges: “Crypto is legal and not government-controlled.”
💵 GENIUS ACT
▪️ Legalizes digital dollars - stablecoins.
▪️ Allows banks to issue their own stablecoins, bringing back the idea of private money without state interference.
▪️ Enables instant, feeless transactions, making SWIFT, VISA, and MasterCard obsolete.
▪️ Traditional banks are already panicking, and with good reason.
▪️ Bank of America has announced plans to issue its own stablecoin.
▪️ J.P. Morgan, the country’s largest bank, already has one - although it’s still in closed testing.
▪️ The U.S. is positioning itself as the global leader in digital assets, with clear rules and a dominant role.
I don’t think most people fully realize just how big of an impact these new crypto bills are going to have.
