by aria-ratings.com
July 18, 2025 at 19:42
Landmark U.S. Law Sets the Stage for Crypto's Bright Future: The GENIUS Act
President Trump's recent signing of the GENIUS Act marks a pivotal moment in the U.S. crypto landscape.
This legislation provides a regulatory framework specifically for stablecoins, aiming to enhance consumer protection and transparency in a market valued at approximately $250 billion.
Notable provisions include requirements for stablecoin issuers to maintain full backing by liquid assets and regular audits to promote trust and reliability.
The act also prevents issuers from offering interest or yield, addressing concerns around speculative risks and safeguarding against uncollateralized stablecoins.
Support for the GENIUS Act has been largely bipartisan, though some lawmakers express worries about its implications for tech giants' influence over the financial system.
Industry leaders are optimistic, viewing the act as a crucial step towards greater innovation and stability in the digital asset space.
As federal agencies refine rules, the stablecoin sector is expected to undergo significant changes within the next year and a half.
Market reactions have so far been mixed, with Bitcoin experiencing slight fluctuations in value in the wake of the news.
The act's broader implications for U.S. crypto policy will continue to be scrutinized as discussions advance in Congress.
In summary, the enactment of the GENIUS Act signifies a bold step toward establishing a structured and secure future for cryptocurrencies in the United States.
No articles to show at the moment
The S&P 500 has surged to another all-time high, largely driven by the impressive performance of crypto-related stocks. Investors are expressing renewed enthusiasm for cryptocurrencies, leading to significant ...
In a recent statement, Mastercard highlighted the growing importance of stablecoins within the cryptocurrency ecosystem. The company remarked that these digital assets are now at a pivotal juncture, significan...
dYdX has made a notable move by acquiring Pocket Protector, a trading app built on the Telegram platform, in a bid to enhance its product offerings. The acquisition aims to accelerate dYdX's growth, with Pocke...
Ethereum has recently seen an impressive rally, surging over 70% since mid-June to reclaim the $3,500 mark. This price movement is largely driven by strong buying momentum, as bulls maintain control without si...
In a landmark development, Charles Schwab, the financial powerhouse managing over $10 trillion in assets, has revealed plans to initiate spot trading for Bitcoin (BTC) and Ethereum (ETH) within the coming year....
As the UK grapples with rising fears of foreign influence in politics, there are increasing calls for regulating cryptocurrency donations. Labour MP Pat McFadden has urged the Electoral Commission to evaluate ...
In recent weeks, the SUI cryptocurrency has demonstrated impressive momentum, aligning itself with the broader market trend seen in other major altcoins like XRP and ADA. The SUI price has notably surged past ...
Thailand is taking significant strides in the realm of cryptocurrency by launching a nationwide crypto sandbox specifically designed for tourists. This initiative, introduced by the Securities and Exchange Com...
In a significant development, BlackRock has filed with the SEC to enhance its iShares Ethereum Trust by including staking options. This move follows a remarkable $499 million in daily inflows into the trust, un...
Stay informed and up-to-date on the market's latest news with ARIA's Institutional Terminal's News Aggregator.
Find your curated news articles and analysis from over 50 sources, including the crypto's biggest publications.
Get Institutional Access