#GENIUSAct

The US Congress passes the GENIUS Act... A pivotal step in regulating cryptocurrencies!

The GENIUS Act was approved after a vote in the US Senate, where it received support from 66 members against 32 opposing votes.

According to Odaily, this law represents a qualitative leap in regulating the cryptocurrency market within the United States, and it may create a clearer and more stable legislative framework for investors and institutions.

Importance of the law:

It provides legal clarity for cryptocurrency projects.

It opens the door to accelerate the adoption of digital assets within the financial system.

It represents a strong signal of the United States' direction towards legalizing this sector.