#GENIUSAct Lawyer issues a stern warning: no major crypto legislation until 2029 if the stablecoin bill fails
📢 John Deaton, a prominent advocate in the legal battle for XRP, warns that if the GENIUS bill — intended to regulate stablecoins — fails in the U.S. Senate, significant crypto legislative initiatives may be postponed until 2029.
📜 Deaton describes the bill as simple and vital to national interests, cautioning that its failure could delay broader reforms such as market structure, taxation, and the Loomis-Gillibrand proposal.
⚖️ The outcome could be a turning point for cryptocurrency regulation in the U.S.
#Crypto #Stablecoins #XRP’ #GENIUSAct