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The House of Representatives has approved with 308 votes in favor and 122 against the GENIUS Act, the first legislative measure that legitimizes regulated stablecoins in the U.S. financial system. The text is now on President Donald Trump’s desk, whose signature will represent the final step for its enactment. What is the GENIUS Act and why does it mark a revolution for stablecoin and crypto? GENIUS Act (“Giving Every National Investor Uniform Security”) is the first U.S. law entirely dedicated to providing recognition and regulation to stablecoins. The approval on June 18, 2024, concludes months of work and bipartisan dialogue: over 100 Democrats and Republicans supported the measure, highlighting a concrete turning point for the crypto-economy. With the GENIUS Act, companies in the sector will be able to offer stablecoins that comply with the security, legality, and transparency standards required to enter the mainstream U.S. financial system. It represents, in fact, the first clear regulatory foundation for the full integration of decentralized finance with the rules of the major U.S. markets. Once signed by Donald Trump, the GENIUS Act will introduce for the first time certain and uniform rules for the issuance, transparency, and management of stablecoins. As a result: Crypto companies will be able to access traditional banking and financial partnerships more easily; Investor istituzionali will finally have a clear framework on digital assets previously considered “grigi”; Regulators like SEC and Fed will have legal tools to oversee, prevent fraud, and protect consumers; More transparent and secure market: reduced risk of fraud, manipulation, illicit uses of stablecoin. CLARITY Act: doubts and controversies  According to Paul Atkins, SEC Secretary: “This law is a fundamental step to stimulate innovation and provide clear and certain rules.” The sector sentiment is also expressed by Brad Garlinghouse of Ripple: “A historic motion that opens…

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Filed under: News - @ July 18, 2025 7:33 pm