House’s Passage Of The GENIUS Act A ‘Landmark Moment For Crypto’
The house’s approval of the GENIUS Act has major implications for the crypto space. (Photo … More
The U.S. House of Representatives’ approval of the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS Act) is “a landmark moment for crypto” and stablecoins in particular, according to analyst George Kailas.
“One of the key overhangs for the industry has always been regulatory uncertainty. This vote sends a strong message: U.S. policymakers are ready to embrace structured innovation in digital assets rather than ignore or suppress it,” Kailas, CEO of Prospero.ai, said via email.
“Even before the final passage, we’ve seen major institutions—like…
