🚨 New U.S. Stablecoin Law: GENIUS Act 🚨
The GENIUS Act regulates stablecoins in the U.S. Key points:
💵 100% Reserve Requirement – All stablecoins must be fully backed
📊 Transparency – Monthly disclosures & audits
🛡️ Consumer Protection – No false claims of gov’t backing
🗣️ Public Feedback Open – Treasury invited comments to shape rules
⏳ Implementation – Likely late 2026