Sure! Here's a Binance Square-style article tailored to the topic you've outlined, focusing on XRP and the GENIUS Act
🚨 XRP Advocate Warns: No Crypto Laws Until 2029 if Stablecoin Bill Fails 🇺🇸. By Binance Square News | $XRP

XRP community lawyer and advocate John E. Deaton is raising red flags over the future of U.S. crypto legislation. According to Deaton, if the GENIUS Act, a stablecoin-focused bill, doesn't pass the Senate soon — we may not see meaningful crypto regulations until 2029.$XRP

⚖️ What’s at Stake?

Deaton warns that if this bill fails, market structure laws, tax clarity, and regulatory updates might be shelved until after the next administration. That’s a long time in crypto years. Meanwhile, $XRP, like many digital assets, continues to operate in a murky legal landscape due to SEC enforcement-first tactics.

XRP price at press time: 2.3786 USD (-0.22%). 🏛️ A Bipartisan Bill With Big Support

Senator Hagerty told CNBC’s Squawk Box that the lack of regulation is pushing blockchain innovation overseas. “This bill brings clarity and keeps stablecoin innovation — and dollar dominance — in the U.S.,” he said.

Senator Kirsten Gillibrand believes the bill could pass this week, but uncertainty looms. Opposition from centralization-focused lawmakers like Sen. Elizabeth Warren remains strong.

🧠 The GENIUS Act Explained

Focus: Clear rules for issuing stablecoins

Goal: Protect consumers, enhance dollar-backed stablecoin integrit

Supporters: Coinbase’s Policy Chief Faryar Shirzad, XRP Lawyer John Deaton
Controversy: No yield for holders, potential competition with traditional banks
Shirzad calls the legislation a “national priority”, comparing it to the rise of money market funds in the '70s and '80s. He believes the bill strengthens U.S. economic leadership globally.


🔍 Why It Matters for XRP

Without a legal foundation for stablecoins, larger crypto efforts may stall, including BitBonds, market structure bills, and tax reform — all key to giving projects like XRP the clarity they need to scale

⏳ Countdown to the Senate Vote

With a vote looming, the outcome of the GENIUS Act could decide not just the fate of stablecoins, but the entire U.S. crypto industry’s trajectory through 2029.

#XRP #GENIUSAct #CryptoNews #Stablecoin #SEC #JohnDeaton #BinanceSquare

As of May 20, 2025, XRP is trading at approximately $2.38 USD, experiencing a slight decline of 0.22% over the past 24 hours. The cryptocurrency market remains dynamic, with XRP's price influenced by various factors, including regulatory developments and market sentiment.


For the latest updates and detailed analysis on XRP's performance, you can visit CoinMarketCap or CoinDesk.CoinDesk+2CoinMarketCap+2CoinDesk+$XRP