#GENIUSActPass The U.S. Senate has just approved the GENIUS Act—landmark, bipartisan stablecoin regulation with a 68‑30 vote. This puts crypto one step closer to major federal oversight, backed reserves, and consumer safeguards. Now heading to the House.
Why it Matters for Binance & Crypto Enthusiasts
🔐 Stronger Dollar-Backed Stablecoins: Mandates full-reserve backing and monthly audits to reduce risk exposure—good news for USDT, USDC, and other pegged assets