#GENIUSActPass
Finally, the U.S. Senate passes the GENIUS Act that regulates stablecoins 1:1 and mandates monthly audits and anti-money laundering monitoring.
Coinbase's stock jumped over 16%, and many expect the stablecoin market to touch two trillion in a short period! 😲
In your opinion, will this regulation revive the crypto market or steer it in a completely different direction?🔍