šŸ”“ Trump Signs First U.S. Crypto Law – But It’s Not the Victory It Seems

The GENIUS Act marks a historic milestone by legalizing stablecoins in the U.S.—but beneath the headlines lies deeper state control.

Key Takeaways:

šŸ” 1:1 Reserve Requirement

All stablecoins must be backed 1:1 with U.S. dollars—no exceptions.

šŸ“µ Instant Transaction Freezes

Authorities can freeze "suspicious" transactions without prior notice.

šŸ•µļø Mandatory Full KYC

Users must submit passport, address, proof of income, and pass AML checks.

šŸ¦ Banks Enter the Game

Traditional banks are now authorized to issue stablecoins—under full regulation.

šŸ›‘ Platforms Need Government Approval

Operating in the U.S. requires official licensing—no license, no service.

While it looks like progress, critics argue it’s a regulated takeover—a digital leash disguised as innovation.

Freedom? Or full financial surveillance?

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