The U.S. Senate has launched a significant proposal 🇺🇸 (Guiding and establishing the national innovation act for U.S. stablecoins) (GENIUS Act), which could be one of the most critical regulatory turning points in crypto history!
✨ What is the GENIUS Act?
✓ A federal bill submitted in February 2025, setting a 'national regulatory framework' for payment stablecoins
✓ Core objectives: ✅ Promote financial innovation ✅ Protect user rights ✅ Combat illegal finance
⏰ Key timeline:
▫️ 2/4 Bill submitted
▫️ 3/14 Senate Banking Committee passes the first review with a vote of 18:6
▫️ 5/19 Senate passes procedural vote with a vote of 66:32
📌 Currently moving towards the Senate full debate stage!
🔍 Key provisions highlighted:
Definition of stablecoin
👉 Defined as '1:1 pegged fiat currency, used for payment settlement digital assets'
🚫 Clearly excludes securities / commodities classification, saying goodbye to regulatory ambiguity!Issuance threshold
✅ Must be registered as an MSB with FinCEN or obtain state-level approval
💵 1 dollar stablecoin = 1 dollar compliant reserve (cash / treasury bonds / central bank reserves, excluding BTC, etc.)Regulation and protection
⚠️ Mandatory implementation of AML/CFT compliance + bankruptcy isolation
📊 Transparent disclosure mechanism, user assets isolated from issuer risk!
🌟 How will the industry be impacted?
✅ Stablecoin 'legalization': Institutional entry gateway is about to open
🚀 Positive for DeFi, RWA and other sectors, innovation accelerates
🌍 Setting a regulatory benchmark for the world, the U.S. competes for dominance in crypto regulations
💬 Institutional voice: DWF Labs claims 'the bill paves a compliant highway for stablecoins!'
💼 How to seize the opportunity?
Manage assets like TokenPocket$BTC $ETH $BNB $sol and other assets, keep up with industry changes!
🔗 Direct link to the official website: https://tp.xyz
💬 What is your opinion?
Is the GENIUS Act 'genius legislation' or a 'shackle'?
#GENIUSAct #Stablecoin #CryptoRegulation #TokenPocket
👇 Let's discuss your views in the comments!🔽
