#StablecoinLaw Big news: the U.S. just passed the GENIUS Act, their first major stablecoin law! 🇺🇸 This law creates strict rules for dollar-pegged stablecoins: only fully-backed coins (like USDC) are legal, issuers must show actual reserves (cash or bonds), and tougher transparency and anti-fraud measures are now required. This is expected to boost trust, adoption, and innovation in crypto, but also means stricter oversight and less room for dodgy projects.
$bnb
Are you bullish on the new rules, or does regulation make you a bit cautious? 🚀