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Altcoin Daily @AltcoinDaily on x 1.9M followers
Created: 2025-07-18 19:38:34 UTC
President Donald Trump 🇺🇸 signs BIGGEST crypto legislation to date!
What does the GENIUS Act do?
-- Creates regulatory framework for stablecoins oversight and stability. -- Only lets approved groups create them, with backup cash and regular audits. -- Creates oversight by both national and state governments for smooth operations & connection, even across countries. -- Calls for research on special kinds of stablecoins to plan future rules.
THIS IS MASSIVE!!
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