🇺🇸💥 The GENIUS Act is shaking the crypto world!
The U.S. Senate has officially passed the GENIUS Act to regulate stablecoins, with a majority of 63 to 30 – a historic step aimed at providing full legitimacy and transparency to the digital currency market 💼🔐
📌 Key provisions of the law:
🔒 Mandatory 1:1 backing for stablecoins (meaning every digital dollar is backed by a real dollar)
🏦 Mandatory registration for issuers as financial institutions
📑 Continuous audits and reviews to protect users
⚡ Direct impact: 💸 Huge leap in the stablecoin market:
Market capitalization reached $252 billion – an increase of 22% since the beginning of the year!
🏢 Giant companies like:
Meta | Visa | Mastercard | PayPal
Have already begun integrating into this system, reshaping the global crypto landscape 🌍
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🧠 Why does this matter to you as a trader?
Stablecoins have become safer and more transparent
Institutional investment will double due to legal trust
Beginning of crypto's entrance into the "mainstream financial stream" 🔄💳
👇 Do you see this as the biggest shift in crypto history? Share your opinion!