US Senate Advances Genius Act - for Stablecoins (Patreon)

This is the biggest news of the year in my opinion, and I was afraid it would not pass or get past this current stage. But this is great for crypto and stable coins for the following reasons.

• The GENIUS Act sets up the first official U.S. rules for stablecoins, making things clearer so people can trust and use cryptocurrencies more easily. Think Banks as an on ramp

• By moving this Act forward, the U.S. shows that both political parties support new financial ideas, making the country a top player in the crypto world. After the last 4 years this is a blessing.

• This law, supported by people like Senator Hagerty, tries to encourage new ideas while keeping things safe, which could bring more money and growth to crypto. Could also help w SBR approval.