The GENIUS Act | Crypto

The GENIUS Act became law on July 18 after Congress settled that stablecoins should be regulated. What happens next is a two-year rulemaking war that determines whether $250 billion in existing stablecoins flows into bank-wrapped structures or fragments into offshore silos, and whether Bitcoin and Ethereum capture the fallout or get buried under it. Justin […] The post The GENIUS Act’s $250M battle begins now: Bitcoin stands as the last bastion against censorship appeared first on CryptoSlate.

Welcome to Slate Sundays, CryptoSlate’s new weekly feature showcasing in-depth interviews, expert analysis, and thought-provoking op-eds that go beyond the headlines to explore the ideas and voices shaping the future of crypto. If 2024 was the year of the dragon, 2025 has been the year of the stablecoin. U.S. dollar-backed digital assets, in particular, have taken […] The post Year of the stablecoin: The GENIUS Act, Wall Street, and the dollar’s digital leap appeared first on CryptoSlate.