#TradingStrategyMistakes In his role as executive director of the White House Digital Assets Council, Hines declared, "The big week is beginning," and stated that two major bills for digital assets are expected to pass the House and Senate this week. These bills, #GENIUS and CLARITY, contain the most significant regulations for the crypto market in US history.

🧠 GENIUS Bill: A Roadmap for Stablecoins

The GENIUS (Guaranteed Electronic Notes Issuance and Utilization Standards) bill focuses on stablecoins. The bill's primary goal is to ensure both the security and encourage the growth of US dollar-backed stablecoins.

What Does GENIUS Bring?

License and collateral requirements will be introduced for companies issuing stablecoins.

User funds will be secured through reserve requirements.