What is #GENIUSActPass ? : Don't miss out on the NEW

The #GENIUSActPass on Binance refers to a campaign on social networks (especially Binance Square) linked to the recent progress of the “GENIUS Act” in the U.S. Senate. youtube.com+15binance.com+15binance.com+15. This acronym stands for “Guiding and Establishing National Innovation for U.S. Stablecoins”, a bipartisan proposal aimed at regulating stablecoins (like USDC and USDT) with 1:1 cash or bond backing requirements, annual audits, and transparency measures.

At Binance, the hashtag #GENIUSActPass is used to drive the conversation among users, encouraging them to post content, share their trading style, or comment on the impact of this regulation, in exchange for points and rewards through the “Task Center”. The crypto community celebrates that the Senate approved it by 68‑30, considering it a crucial step toward institutional adoption, integration into payment systems, and greater regulatory clarity.

In summary, #GENIUSActPass is both a symbol of support for the regulatory framework for stablecoins in the U.S. and a mechanism for participation and rewards on the Binance platform.

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