Understanding the GENIUS bill as a potential risk in crypto regulation
21st May 2025 – (New York) A groundbreaking piece of legislation, known as GENIUS—short for “Guiding and Establishing National Innovation for US Stablecoins”—is making its way through the Senate. While it may seem tempting to overlook, particularly given its focus on stablecoins, there are significant implications that merit close attention.
Stablecoins, digital assets intended to maintain a 1:1 peg with traditional currencies like the US dollar, serve as a vital mechanism for crypto investors to navigate the volatile landscape of cryptocurrencies such as Bitcoin and Ethereum. Despite their lesser-known status compared to Bitcoin, stablecoins dominate trading volumes, and thus the…
