GENIUS Act Fortifies U.S. Dollar, Blocks Big Tech and Banks From Stablecoin Monopoly
GENIUS Act Fortifies U.S. Dollar, Blocks Big Tech and Banks From Stablecoin Monopoly
Washington Signals Strategic Shift in Stablecoin Regulation
In a landmark legislative move, the U.S. Congress has passed the GENIUS Act, a sweeping bipartisan bill designed to insulate the stablecoin market from the influence of technology giants and financial conglomerates. With the vote garnering over 300 House members—including support from 102 Democrats—the bill is being heralded as the most significant federal digital currency policy to ...
GENIUS Act Fortifies U.S. Dollar, Blocks Big Tech and Banks From Stablecoin Monopoly
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