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

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

Importance of the law:

It grants legal clarity to 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 toward regulating this sector.

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