#StablecoinLaw 💵⚖️
The U.S. House of Representatives has taken a historic step by passing the GENIUS Act on stablecoins, marking a turning point in crypto regulation. This project now awaits the President's signature and, if realized, would provide a clear legal framework for the issuance and oversight of stablecoins in the U.S. 🇺🇸
This would not only provide greater institutional confidence but could also boost global adoption of crypto payments and the integration of stablecoins into DeFi platforms, fintechs, and international trade. However, it also raises doubts about how compliance will be balanced with the core values of decentralization and privacy.
💬 Will this legislation lead to a new era of legitimacy for the crypto ecosystem, or could it limit decentralized innovation? How does this affect your vision of the future of DeFi?
Share your opinion and how you are preparing for this change.