#GENIUSActPass

The GENIUS Act: A Crucial Step for Cryptocurrencies in the U.S.

The Act (GENIUS), a bill aimed at regulating stablecoins (cryptocurrencies with stable value) in the United States, has been approved by the U.S. Senate with a vote of 68-30 on June 17, 2025. This approval marks a significant advance towards comprehensive federal regulation of stablecoins.

With this law, it is expected:

* Dominance of the U.S. Dollar: Strengthen the role of the dollar in the digital economy.

* Modernize Payments: Improve payment systems for the digital age.

* Boost Innovation: Reduce regulatory uncertainty to encourage development in the digital asset space.

* Protect Consumers: Include provisions for consumer protection and market integrity.

Now, the GENIUS Act will move to the House of Representatives for review. If approved there, it will be sent to the President for enactment as law.