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U.S. Senate Approves GENIUS Act Targeting Stablecoin Regulation

U.S. Senate Approves GENIUS Act Targeting Stablecoin Regulation

Coinlive2025/06/20 02:56
By:Coinlive
Key Points:

  • Main event is the Senate passing the GENIUS Act.
  • Trump’s crypto investments remain unresolved.
  • Stablecoins like USDT and USDC potentially affected.
President Trump Announces Senate Approval of the GENIUS Act

Impact on Financial Markets and Industry Stakeholders

The bill’s focus rests squarely on the regulation of stablecoins, impacting assets linked to broader crypto market activity. Although no direct statements from top industry figures are noted, the bill’s passage could signal potential shifts for stablecoins and associated protocols.

Financial markets may experience changes as the GENIUS Act sets clear regulatory expectations, influencing valued assets like DeFi and Layer 1 blockchains . As historical trends suggest, similar bills have triggered market volatility, possible realignments, and protocol updates.

While the GENIUS Act stands poised to become law, its effects on industry stakeholders remain under scrutiny. The potential for heightened oversight may induce shifts in trading pair operations and compliance landscapes, mirroring previous regulatory measures. Strategic industry responses and investment behaviors will likely react to this regulatory evolution.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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