#GENIUSAct
🚨 BREAKING: XRP Advocate Sounds the Alarm – Stablecoin Bill Could Decide Crypto’s Future! 💥
#XRP 💠 #CryptoNews 🚀 #StablecoinRegulation #DeFi #CryptoLegislation
📉 “No stablecoin bill, no real crypto laws until 2029.”
That’s the bold warning from John E. Deaton, top legal voice for $XRP, as the GENIUS Act faces a crucial U.S. Senate vote.
🧠 What’s the GENIUS Act?
Championed by Sen. Bill Hagerty, this bipartisan bill aims to regulate stablecoins by requiring solid reserves and transparency—creating a clear legal path for crypto innovation in the U.S. 🇺🇸
“This isn’t controversial — it’s common sense,” says Deaton. “If Congress can’t pass this, we won’t see major reforms like crypto tax laws or the Lummis-Gillibrand bill for years.”
⚠️ What’s at Stake?
⛔ If the bill fails, the U.S. could face a crypto regulation freeze until 2029.
✅ If it passes, it could unlock real progress on market structure, tax policy, and regulatory clarity.
🔥 Momentum is Building:
Coinbase’s Faryar Shirzad calls it a “national priority.”
Sen. Gillibrand says it could pass this week.
The bill aims to boost consumer protections while supporting dollar-backed stablecoin innovation.
👀 The Opposition:
Not everyone’s cheering — Sen. Elizabeth Warren raises concerns about financial risks, while traditional banks resist provisions banning yield on stablecoin holdings.
⏳ Countdown to Vote:
A Senate decision is imminent. The outcome could shape the future of crypto regulation in the U.S. for years to come.
💬 Is now the time to load up on $XRP? The clock’s ticking.
📢 Stay informed. Share this post. And watch the markets closely.
#XRP
#CryptoRegulation