GENIUS Act gives industry clarity, says expert
Landmark cryptocurrency legislation signed into law by U.S. President Donald Trump last week gives the fast-growing global crypto industry new legitimacy while making it easier for investors to gain exposure to the sector in a safe way, an expert says.
“It gives clarity, simplicity and lets everybody understand what the rules of the playing field are,” Andrew Forson, president of Toronto-based DeFi Technologies, told BNN Bloomberg in an interview on Wednesday.
“That encourages innovation without fear of inadvertently triggering a securities law or breaking some sort of rule that would make it really, really difficult…