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Instead of guessing what the GENIUS Act is about, I turned to ChatGPT to make sense of it all. Here are the surprising facts the chatbot came back with about what to expect and what not to.
President Trump signs the GENIUS Act into law, creating a regulatory framework for dollar-backed stablecoins.
The GENIUS Act fosters innovation in stablecoins, driving a new digital dollar era. Stablecoins solve key problems of the legacy financial system. See more.
The latest Genius Act draft circulating online does not include any provision to prevent Trump and the Trump family from raking in enormous amounts of money from their corrupt cryptocurrency schemes.
President Donald Trump signed the GENIUS Act into law. It's the first significant legislation for crypto in the U.S. What does it mean for crypto prices?
Prices Could Still Fall While many view the GENIUS Act as a positive for the crypto market, there are critics who claim it compromises the decentralization of crypto, per CNBC.
Increased Competition And Rewards One of the most obvious implications of the GENIUS Act becoming law is that there will invariably be increasing competition for the crypto-native stablecoin issuers.
The GENIUS Act isn't just about finance. It's about verifying trust, proving sustainability, and enabling accountability at every step of the physical economy.
The GENIUS Act is just one piece of legislation that underlines lawmakers' interest in establishing guidelines for the realm of digital finance.
/ July 25, 2025 / A quiet revolution took place in Washington last week. With the passage of the GENIUS Act, the U.S. government established its first comprehensive legal framework for digitally ...