⏺ Trump Signs First U.S. Crypto Law — GENIUS Act Legalizes Stablecoins, But At a Cost

The GENIUS Act, signed by Donald Trump, is the first official U.S. crypto law legalizing stablecoins — but it comes with strict government oversight. While some celebrate it as a "historic victory", others see it as crypto's official surrender to the state.

🔍 What’s really inside the law:

— Stablecoins are no longer in the shadows — all tokens must now be government-regulated

— Strict reserve rules: 1 token = 1 real dollar held in reserve

— The U.S. Treasury can now freeze any suspicious transaction (!), instantly halting payments deemed risky

— Stablecoin issuers must implement full KYC: passport, address, selfie, income verification

— Platforms must comply with anti-money laundering, terrorism financing, and sanctions evasion checks

— In return, banks are officially allowed to issue their own stablecoins — previously done in grey zones, now fully legalized and supervised

— Every crypto platform now depends on approval from U.S. regulators

— This is not a law for freedom — it’s a law of control

Many in the crypto community are outraged: freezing blockchain transactions feels like dystopia.

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#CryptoLaw #GENIUSAct #Stablecoins #Trump #CryptoRegulation #Blockchain #DigitalDollar #KYC #DeFi #CryptoControl #Web3Politics #CryptoFreedom