#GENIUSActPass A Game Changer in U.S. Crypto Regulation? đșđžđ„
The U.S. House of Representatives has recently passed the Financial Innovation and Technology for the 21st Century Act (aka #GENIUSActPass) â a major milestone in crypto legislation. đ§Ÿâ
đ What it means:
Defines clear roles for SEC and CFTC on digital assets.
Aims to protect investors while encouraging innovation.
Pushes for regulatory clarity on cryptocurrencies and blockchain-based projects.
đ§ Why it matters? In a time where many crypto companies are fleeing the U.S. due to uncertain rules, this bill could open doors for new innovation, better compliance, and mainstream adoption. It signals a shift from enforcement-only to framework-based governance.
đ„ The global Web3 and crypto community is watching closely. Will the Senate approve it next? Could this inspire other countries to update their crypto laws too?
đŹ What are your thoughts on the #GENIUSActPass?
Does it bring hope for the future of decentralized finance in the U.S.?
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