The GENIUS Act now goes to the President’s desk, and the CLARITY Act moves forward to the Senate – at long last, there’s movement on workable, clear frameworks for crypto and stablecoins that will both foster innovation and protect consumers. This is exactly what the American people have been asking for.
PASSED: The GENIUS Act will create a clear regulatory stablecoin framework for asset innovators to thrive in the U.S., bring our payment system into the 21st century, and preserve the dollar’s dominance as the world’s reserve currency.
A massive WIN!