#GENIUSAct | US advances in crypto regulation
The GENIUS bill on stablecoins has just passed an important hurdle in the US Senate — there were 66 votes in favor and 32 against. This could be the first step towards a clear federal regulatory framework for stablecoins in the country.
Why does this matter?
It brings legal security for crypto companies in the US
It may increase institutional confidence and accelerate adoption
But... it could also open the door for greater control and centralization
We may be entering a new phase: regulation and innovation side by side. The market is already reacting, with BTC +1.02% and ETH +1.45% at the time of analysis.
And what do you think?
Will the GENIUS Act drive mass adoption or slow down decentralization?
Comment below and let's exchange ideas!
Disclaimer: This content is for informational purposes only and does not constitute investment recommendation or legal advice. Always do your own research (DYOR).