📢 U.S. Stablecoin Regulatory Breakthrough!
The GENIUS Act is now awaiting Trump's signature after approval from Congress. This will be the first complete and clear stablecoin regulatory framework in U.S. history, recognizing the importance of stablecoins in the financial system and bringing them under the umbrella of traditional banking.
🔑 Key Points:
✅ Dual Regulation: A supervisory system at both federal and state levels
✅ Only banks holding full reserves will be able to issue stablecoins
✅ Implementation: By November 2026
✅ The industry has spent over $100 million on lobbying
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📊 Potential Impacts on Trading and the Crypto Market:
The volatility risk in regulated stablecoin prices will decrease
Strong and legally recognized institutions will benefit
Possible temporary changes in supply from some major issuers
Strict AML regulations may have an impact on transaction speed
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🏦 Mixed Reaction from the Crypto Community:
✅ It is being called a "historic milestone"
⚠️ Some people express concern that it may pose a threat to central control and innovation
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📌 My Analysis:
This law will enhance the legal security of stablecoins in the U.S. market and increase institutional confidence.
However, at the same time, this regulation may pose some obstacles for new projects and the free market.
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