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Faye Mottershead
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BINANCE word of the day 6letter 21may solve the #word of the day and #getfreereward #USDC✅ $USDC
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$XRP holders, take note — major developments in U.S. crypto legislation could directly impact XRP’s trajectory, and crypto advocate John E. Deaton is sounding the alarm. Deaton, widely respected for his role in the ongoing XRP vs. SEC legal saga, warns that if the GENIUS Act — a stablecoin regulation bill — fails in the U.S. Senate, comprehensive crypto reform may be off the table until 2029. “This isn’t a controversial bill. It’s smart, necessary, and pro-American,” says Deaton. The GENIUS Act, spearheaded by Senator Bill Hagerty, aims to establish clear and enforceable rules for stablecoin issuers, focusing on secure reserves and consumer protections. According to Hagerty, the bill would not only protect investors but also strengthen U.S. dominance in fintech innovation. If lawmakers can’t unite behind something this straightforward, Deaton warns, more complex reforms — including market structure updates, tax clarity, and the Lummis-Gillibrand Responsible Financial Innovation Act — could be delayed for years. There’s a glimmer of hope: Senator Kirsten Gillibrand hinted the bill may pass this week, and the crypto industry is watching closely. Bottom Line: If the GENIUS Act passes, it could mark the beginning of a more favorable regulatory climate — potentially bullish for XRP and the broader crypto market. But if it fails? Buckle up for a long, uncertain wait. Is now the time to buy? The market may soon decide. $XRP
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