The GENIUS Act was approved after a vote in the U.S. Senate, receiving support from 66 members against 32 opposing votes.

According to Odaily, this law represents a qualitative shift in regulating the cryptocurrency market within the United States, and may provide 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' move towards regulating this sector.

Are we witnessing the beginning of a new regulatory era for crypto? Share your thoughts in the comments...

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