GENIUS Act Bill! What is it really?
What is the GENIUS Act? GENIUS stands for Guiding and Establishing National Innovation for U.S. Stablecoins Act. Think of it as the first-ever federal law designed to regulate stablecoins—cryptocurrency tokens pegged to stable assets like the U.S. dollar. The bill passed the U.S. Senate on June 17, 2025, with a strong bipartisan vote of 68–30 . Why this matters: Reserve rules: Issuers must back every stablecoin 1:1 with liquid assets […]