#GENIUSActPass
🔥🚀 #GENIUSActPass: Crypto’s Game-Changer! 🏛️
The U.S. Senate just approved the GENIUS Act in a 68–30 bipartisan vote, marking a pivotal moment for stablecoin regulation—and it's trending everywhere! #GENIUSActPas empowers digital dollar tokens with real-world credibility by mandating:
💰 1:1 reserve backing in cash or Treasuries
🔍 Monthly audits, annual oversight for big issuers
🛡️ AML checks and consumer protections
This isn’t just bureaucracy—it’s adoption. Coinbase stock surged (~16–17%), spotlighting crypto’s leap toward legitimacy . Major players are watching—stablecoins are now a mainstream financial instrument.
But hold tight: it's now up to the House (via the STABLE Act) before heading to the President’s desk. Watch this space—U.S. crypto rules are getting 🔥!