HomeLatest NewsBig Win for Crypto Fans as the GENIUS Act Becomes Law

Big Win for Crypto Fans as the GENIUS Act Becomes Law

-

The United States just made a major move in crypto. On July 18, 2025, President Trump officially signed the GENIUS Act, a new law focused on stablecoins. This is the first-ever national law in the US made just for crypto payments.

So what does it mean?
If a company wants to issue stablecoins in the US, they now have to:

● Back every coin with real US dollars or safe assets

● Show the public monthly reports on their reserves

● Keep user funds safe if they go out of business

This law gives crypto users more safety and more trust. It also avoids some old rules from the SEC or CFTC. Instead, banks and trusted financial agencies will watch over stablecoin companies.

Experts say this could bring billions of dollars into the crypto market. Big institutions are already getting ready to launch new stablecoins under the new rules.

More Crypto Laws Are Coming
The US House also passed a second major bill called the CLARITY Act. This one explains who controls what between the SEC and CFTC when it comes to crypto trading. It still needs to pass in the Senate, possibly later this year.

Another bill, called the Anti CBDC Act, also moved forward. It blocks the government from creating its own digital dollar that could be tracked by the Fed.

Why It Matters
The GENIUS Act is a big win for crypto adoption in the US. It gives companies a clear way to follow the rules, protects users, and brings more trust to stablecoins.

If the Senate also passes the other two bills, crypto in the US could become stronger and more secure than ever.

Adit 39
Adit 39https://www.adit39studio.com/
The world shall know PAIN

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

Terra Classic Staking Nears 1 Trillion LUNC as Over 18 Billion Added Today

Terra Classic Staking Nears 1 Trillion LUNC Terra Classic continues to gain momentum as more holders commit their tokens to staking. In the last 24 hours,...

How to Trade LUNC on KuCoin — Step by Step

Trading Terra Classic (LUNC) on KuCoin is straightforward if you follow a few safety-first steps. Start by creating and verifying your KuCoin account, then enable...

The Journey from Terra Luna to Terra Classic: A Story of Rise, Fall, and Rebirth

The Journey from Terra Luna to Terra Classic The story of Terra is one of ambition, innovation, and resilience. What began as...

LUNC Price Drop 50% Overnight: The Shocking Truth Behind the Crash

LUNC Price Drop 50% Overnight: The Shocking Truth Behind the Drop ...

Most Popular