The passage of the GENIUS Act by the U.S. Senate with strong bipartisan support is a major milestone for the future of digital finance. This legislation establishes the foundation for a stable framework for regulated digital currencies, which will increase trust and legal clarity, as well as enhance the efficiency of cross-border payments. Binance's campaign to support the bill highlights the importance of having clear regulatory guidelines that benefit both users and financial institutions. Overall, this law represents a key step towards adopting innovation in digital assets in a safe and regulated manner.
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