#StablecoinLaw #StablecoinLaw

🚹 Big News from the U.S. – The GENIUS Act is Now Law! đŸ‡șđŸ‡žđŸ’„

President Trump just signed the GENIUS Act, and honestly, it’s a massive milestone for the crypto space — all during what's being called Crypto Week. Let’s break down what this means:

đŸ”č Clear Stablecoin Regulations

The act finally gives us a proper regulatory framework for USD-backed stablecoins. Projects will now be required to hold 1:1 dollar reserves — no more shady backing or unverified claims. This is a huge step toward trust and stability.

đŸ”č No More Insider Profits (Sort of)

Congress members (and their families) are banned from making money off stablecoins to avoid conflicts of interest.