#StablecoinLaw

🚹 Big News from the U.S. – The GENIUS Act is Now Law! đŸ‡șđŸ‡žđŸ’„

President Trump just signed the GENIUS Act, and honestly, it’s a massive milestone for the crypto space — all during what's being called Crypto Week. Let’s break down what this means:

đŸ”č Clear Stablecoin Regulations

The act finally gives us a proper regulatory framework for USD-backed stablecoins. Projects will now be required to hold 1:1 dollar reserves — no more shady backing or unverified claims. This is a huge step toward trust and stability.

đŸ”č No More Insider Profits (Sort of)

Congress members (and their families) are banned from making money off stablecoins to avoid conflicts of interest.

👉 But here's the twist: This rule doesn't apply to Trump or his family — make of that what you will. 😅

đŸ”č Power Play for the U.S.

The goal is clear: reassert American leadership in both global finance and the crypto industry. Trump even called it a “giant step” and a “massive validation” for the space.

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đŸ”„ This could seriously change the game.

What do you all think — is this the beginning of a new crypto era in the U.S., or just political theater?