The U.S. is on the brink of a cryptocurrency revolution. The Digital Asset Draft Law of 2025, also known as the GENIUS Act, is gaining traction in Congress, signaling a potential shift in how digital assets are regulated.
🔍 Key Points:
Clear Definition: The draft law seeks to define digital assets, distinguishing between payment stablecoins and other types of cryptocurrencies.
Congress.gov | Library of Congress
Regulatory Framework: Establishes a process for organizations seeking a license to issue stablecoins, implementing reserve requirements and specific regulatory standards.
Senator Bill Hagerty
Bipartisan Support: The GENIUS Act has received support across party lines, showcasing a unified approach to cryptocurrency regulation.
