#GENIUSAct The Genius Act is a proposed US law aimed at regulating cryptocurrencies and blockchain technology. Here are some key points:
- *Growing Expertise and Navigating Innovation for Unique Solutions (GENIUS) Act*: This bill focuses on creating a clear regulatory framework for digital assets.
- *Regulatory Clarity*: The act aims to provide guidance on issues like token classification, custody, and stablecoins.
- *Industry Support*: Some in the crypto industry welcome the bill as a step towards clearer regulations, which could foster innovation and investment.
