GENIUS Act: What it Means for Fintech Startups in the Crypto Space
The GENIUS Act has come into play, and it’s shaking things up between traditional banks and crypto companies like Coinbase. The U.S. is trying to set up a solid regulatory framework for stablecoins, and that means big changes for fintech startups. So, how is this going to change the game for them?
The Good: Web3 Banking Might Get a Boost
With the GENIUS Act, it seems we’re getting our first federal guidelines on payment stablecoins. This could help fintech startups in Asia gain the trust they need to scale their crypto payroll and cross-border payment solutions. Knowing the rules can make it easier for them to offer something that feels secure and legitimate. Those who jump on board early could potentially stand out as reliable…
