#GENIUSActPass

The U.S. Senate approves the new crypto law: the GENIUS Act for stablecoins!🧠💵

In an important step towards regulating the cryptocurrency market, the U.S. Senate has passed the GENIUS Act focusing on stablecoins. This legislation includes the following key elements:

✅ Official definition of stablecoins: The law establishes a clear legal framework for these digital assets.

✅ Clear rules for licensing and supervision: The law provides precise guidelines on how to license and direct activities related to stablecoins.

✅ Comprehensive regulation to protect users and promote innovation: The law aims to protect user rights while supporting innovation in this dynamic field.

This step is seen as a milestone towards a more regulated and transparent future in the world of cryptocurrencies.