• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

GENIUS Act: A New Step in Crypto Market Regulation

user avatar

by Giorgi Kostiuk

9 hours ago


The Senate Banking Committee has advanced the GENIUS Act, aimed at creating a clear regulatory framework for crypto assets.

Goals of the GENIUS Act

The GENIUS Act seeks to establish clear rules for crypto assets. It includes definitions for stablecoins and support for market infrastructure.

Senator Tim Scott's Perspective

Senator Tim Scott emphasized the need for clear regulatory frameworks for digital assets. He stated:

"We don't need more roadblocks. We need rules that actually work. That means legislation that will number one clearly define which tokens are securities…" - Tim Scott, Chairman, U.S. Senate Banking Committee.

Potential Changes in Market Regulation

The GENIUS Act is expected to lead to significant shifts in crypto regulation. It could enhance bank interest in crypto assets and ensure compliance with new protocols.

The GENIUS Act could be a significant step in shaping a stable and transparent cryptocurrency market, balancing investor protection with support for innovation.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

Other news

GameSquare Acquires 1,818 ETH Under $100 Million Strategy

chest

GameSquare Holdings announced the acquisition of 1,818 ETH for its treasury as part of a $100 million strategy focusing on DeFi.

user avatarGiorgi Kostiuk

How Blockchain is Transforming Gambling on Slots

chest

Exploring the impact of blockchain on gambling and the best strategies for playing crypto slots.

user avatarGiorgi Kostiuk

Cryptocurrencies: Fresh Energy and BlockDAG's Achievements in July 2025

chest

The cryptocurrency market has revitalized, with BlockDAG garnering attention for its achievements and sports partnerships.

user avatarGiorgi Kostiuk

SUI Up Over 10%: Analyzing the Causes and Future Expectations

chest

SUI token rises over 10% due to tBTC launch and Grayscale report. Experts predict a rise to $5.

user avatarGiorgi Kostiuk

10X Capital's BNB Treasury Company Plans to List on U.S. Stock Exchange

chest

BNB Treasury Company by 10X Capital prepares for listing, providing investors access to the BNB ecosystem.

user avatarGiorgi Kostiuk

BNB Chain Burns 1.6 Million Tokens Worth $1 Billion

chest

BNB Chain conducted its 32nd quarterly burn of 1.6 million BNB tokens, reinforcing their deflationary model

user avatarGiorgi Kostiuk
dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.