scoopok.com

Signed into law on July 18, 2025, the GENIUS Act regulates stablecoins, marking a major step for U.S. crypto policy.

[{"selector":"#anim-d81af858-4451-4348-8ec7-3ed7b7e9b66d [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-13d28a02-49ab-47fb-95f0-b097c3eb89eb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-99293ee2-1786-42ab-800f-4063060f5956","keyframes":{"transform":["translate3d(115.09433%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-dca5c6ad-c751-4890-bc2a-547cd95690f8","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4c59a442-e5de-4c0b-b818-13bed8ada7a4","keyframes":{"transform":["translate3d(-115.14196%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8e6a9a35-8eed-4ad1-a9c7-7670fd79a352","keyframes":{"transform":["translate3d(103.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1ec3598d-cbc9-4c22-b514-f3f939e15ec2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f89330b5-fe61-45fe-a184-d486fe44a4b6","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Stablecoins are cryptocurrencies pegged to assets like the U.S. dollar, designed for stable value and fast transactions.

[{"selector":"#anim-5fffd7b4-2099-450b-a5f1-20e64b376bf2 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.25191393278695%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-276f239b-2f94-4705-983d-42c73840dee1","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-965a6940-6908-4d77-86ac-cb2391a37daf","keyframes":{"transform":["translate3d(115.09433%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-53d7957e-65d9-4427-bd5e-3a493cd9a918","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2b0dde93-52a7-4479-bc4f-b97f2c11fe7f","keyframes":{"transform":["translate3d(-115.14196%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d60cefad-5396-4492-95ff-786e390c5cc8","keyframes":{"transform":["translate3d(103.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d27c425a-98a0-4dde-88a9-f871a362d376","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7ae270b0-915d-4a8f-8aa3-f6c85d9920b1","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The Act sets rules for stablecoin issuers, requiring 1:1 reserve backing with low-risk assets like U.S. dollars or Treasuries.

[{"selector":"#anim-407f0fc0-aa06-4706-93f8-7e3d71258115 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(34.179687404002955%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-d0f9398e-5d20-49a6-aa4e-304662c3cf1b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-c236e0d4-e6d4-4fef-9e60-f674225fb556","keyframes":{"transform":["translate3d(114.15094%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e94c6e98-bc43-4b2d-a8f4-443dd2daefe9","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0401f5e9-c67e-4c6d-b51b-3580abe75c84","keyframes":{"transform":["translate3d(-114.19558%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8db5c7cd-b123-4789-9fdf-194eb7680582","keyframes":{"transform":["translate3d(103.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-67ff322e-0b9a-4f20-9c2a-e7ad1a913311","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-493f47ab-6c62-4c9c-971a-f24d253931d7","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Only approved issuers, like bank subsidiaries or nonbanks under $10B, can issue stablecoins, regulated by federal or state authorities.

[{"selector":"#anim-5ceb3ddd-11ae-4057-90a0-b1da8ec57a9a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.21462252752049%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-ac1b3363-ae1f-441b-ad17-cbd38272fe8f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3845c63f-593a-42ec-9efc-43ee5b63c528","keyframes":{"transform":["translate3d(114.15094%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b49407da-82e2-44c3-a4d3-c3938cf1d93f","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-067b30df-d5a0-4064-9b3c-f91c550fa4a4","keyframes":{"transform":["translate3d(-114.19558%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e565a97f-b8aa-4aa6-ba9a-df48fe47242c","keyframes":{"transform":["translate3d(103.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-62d35412-114a-4651-b200-26532f0a40e3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-e9802678-a9bd-454b-ad0e-2aab69d2aa35","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The Act ensures consumer rights in bankruptcy, monthly reserve disclosures, and anti-money laundering compliance for issuers.

[{"selector":"#anim-19dd04c3-28ed-417d-8371-f9c4a188c207 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(7.817800347130892%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-767c964c-cc24-4725-985f-d54a9bbaa5d6","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-06050dd8-5fbf-46a4-9bf7-551e447f6833","keyframes":{"transform":["translate3d(114.15094%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-397e27c2-d5c4-4c2c-a32e-0098dbc730c2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-832ca6a9-46b0-4286-8853-4e4cb0522b80","keyframes":{"transform":["translate3d(-115.14196%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-eedb8bcf-c242-4de2-aded-54c92a8b1272","keyframes":{"transform":["translate3d(103.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bdd29ced-08f9-4923-b51c-1b9e1df4ca15","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-600e3e50-b817-4d21-aa0a-89e751258c27","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

By requiring reserves in U.S. assets, the GENIUS Act strengthens the dollar’s role as the global reserve currency.

[{"selector":"#anim-f12b634f-3bb4-4548-9c10-af61c2877376 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-edf36d9e-5949-4831-9503-3b607ff5ccbb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-d4890fab-5350-4733-85ef-5f691425a5fd","keyframes":{"transform":["translate3d(115.09433%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-53a6e04e-1067-45d8-a778-515929eff44b","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-90c043a0-85a7-493d-8d7b-790abb52f203","keyframes":{"transform":["translate3d(-115.14196%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2b240514-890f-42bf-b8c5-f0daa9f650a8","keyframes":{"transform":["translate3d(103.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-815b24b6-a092-4442-b934-f3361f253c27","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-bd6dea5d-d4c3-41dd-ac22-ee48431da083","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Passed with a 68-30 Senate vote and 308-122 House vote, the Act gained support from both Republicans and Democrats.

[{"selector":"#anim-422f8556-2688-4521-a365-79fc998ba247 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(15.14759491839666%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-bf7c6d9c-0997-4992-a23f-d0915c823ca2","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-97afbe6c-a17b-4883-bd6b-1c6398677c2c","keyframes":{"transform":["translate3d(115.72327%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-f26f3304-8c4f-4c83-b12b-9f18dab820eb","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-ae903ce8-73dd-43e5-9cd5-69d20d8c9869","keyframes":{"transform":["translate3d(-114.19558%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-3ab633c3-83ae-42df-80a3-5c43c2a8db63","keyframes":{"transform":["translate3d(103.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-40cb27b8-b3e7-41aa-8ec7-864dedbc8647","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-83cce230-7e31-49a3-b36a-703113fa8858","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

President Trump hailed the Act as a step to make the U.S. the “crypto capital,” aligning with his pro-crypto agenda.

[{"selector":"#anim-1829feb6-1e02-488e-966d-c1b2a26acacd [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(0.017954949713493804%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-484a0d69-45ea-4dab-8729-f593b4c2d792","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-9d11fab5-ec01-4c0f-a338-56cf7eaa4d7c","keyframes":{"transform":["translate3d(115.72327%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-489844df-75cb-45bb-94e8-2bcffb8e9f2a","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-2198dbb4-2b94-4281-a899-a1fd645f9465","keyframes":{"transform":["translate3d(-114.19558%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-db9cf110-93c4-4797-93d4-86474891d4e4","keyframes":{"transform":["translate3d(103.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8200fe1d-533a-4a96-b9e2-cada8626c446","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6f502251-108f-43dc-b1f5-12b46c7e8a1d","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Some worry the Act’s light regulations and Trump’s crypto ties may pose risks to consumers and financial stability.

[{"selector":"#anim-ebacaf3c-f602-40e1-8423-43f0dd5b409b [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(12.514648210040342%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-b8c1db76-9aee-46b9-8322-3a352a3050ca","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-296d5966-3590-483a-b0e7-9d5483fc0466","keyframes":{"transform":["translate3d(115.72327%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-7287d585-e311-4ed2-b57f-107d16bf1f5e","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-0f96f19f-0623-4c98-9771-867a2595bb2c","keyframes":{"transform":["translate3d(-114.19558%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-4ad5aeb3-333c-428e-bfc4-54ec2cda9752","keyframes":{"transform":["translate3d(103.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-b88292ce-830a-4454-bda0-e9c6f0ef30f3","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-73af3cf4-da34-483f-b8ad-fd85517f3be1","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

The Act is a first step; the CLARITY Act and other bills may further shape the U.S. crypto market by September 2025.

[{"selector":"#anim-cd009a7f-a01f-4a96-a2bb-1b6d77d9d214 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(29.635349033913506%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] [{"selector":"#anim-39af8fca-82ce-4ced-943f-75d18c445cef","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-6b19f150-7aea-4652-89d1-6d5c41546987","keyframes":{"transform":["translate3d(115.72327%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-5e084b17-c84e-4082-a6aa-bf9e83a15d92","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-1d75a174-59b5-438a-9bd2-27b7015e5366","keyframes":{"transform":["translate3d(-114.19558%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-33247dec-381c-474e-a544-b3469a5c80b8","keyframes":{"transform":["translate3d(103.5%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-21f5ecf7-2430-4cad-86db-cf1cd07a9988","keyframes":{"opacity":[0,1]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] [{"selector":"#anim-a8c8707d-942b-4a8b-b220-3dea003094dd","keyframes":{"transform":["scale(0.15)","scale(1)"]},"delay":0,"duration":600,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"forwards"}]

Discover More on Our Website

[{"selector":"#anim-2473ad57-5b08-4684-b08c-a150c3b6f328","keyframes":{"opacity":[0,1]},"delay":0,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-86363a42-7315-4085-9a38-ae44335a529d","keyframes":{"transform":["translate3d(132.87037%, 0px, 0)","translate3d(0px, 0px, 0)"]},"delay":0,"duration":1400,"easing":"cubic-bezier(0.2, 0.6, 0.0, 1)","fill":"both"}] [{"selector":"#anim-8c7a52d9-7484-4f1d-8029-318eca54b9e8","keyframes":{"opacity":[0,1]},"delay":100,"duration":3000,"easing":"cubic-bezier(0.4, 0.4, 0.0, 1)","fill":"both"}] scoopok.com

scoopok.com

GENIUS Act Signed: 7 Key Facts Revealed

Signed into law on July 18, 2025, the GENIUS Act regulates stablecoins, marking a major step for U.S. crypto policy.

A Historic Crypto Milestone

scoopok.com

Stablecoins are cryptocurrencies pegged to assets like the U.S. dollar, designed for stable value and fast transactions.

What Are Stablecoins?

scoopok.com

The Act sets rules for stablecoin issuers, requiring 1:1 reserve backing with low-risk assets like U.S. dollars or Treasuries.

Regulatory Framework Established

scoopok.com

Only approved issuers, like bank subsidiaries or nonbanks under $10B, can issue stablecoins, regulated by federal or state authorities.

Who Can Issue Stablecoins?

scoopok.com

The Act ensures consumer rights in bankruptcy, monthly reserve disclosures, and anti-money laundering compliance for issuers.

Consumer Protections Added

scoopok.com

By requiring reserves in U.S. assets, the GENIUS Act strengthens the dollar’s role as the global reserve currency.

Boosting U.S. Dollar Dominance

scoopok.com

Passed with a 68-30 Senate vote and 308-122 House vote, the Act gained support from both Republicans and Democrats.

Bipartisan Support Secured

scoopok.com

President Trump hailed the Act as a step to make the U.S. the “crypto capital,” aligning with his pro-crypto agenda.

Trump’s Crypto Vision

scoopok.com

Some worry the Act’s light regulations and Trump’s crypto ties may pose risks to consumers and financial stability.

Critics Raise Concerns

scoopok.com

The Act is a first step; the CLARITY Act and other bills may further shape the U.S. crypto market by September 2025.

What’s Next for Crypto?

scoopok.com

Discover More on Our Website

Visit our site to explore the full story and more insights.