The upcoming vote on the GENIUS Act in the U.S., promoted by President Donald Trump, opens new opportunities for innovation in the cryptocurrency field.
Vote on the GENIUS Act
The first stage of voting on the GENIUS Act is expected to take place in the U.S. House of Representatives. This legislation could be a significant step in strengthening the U.S. position in the world of digital finance.
Significance for the Cryptocurrency Industry
Trump believes that enacting the GENIUS Act will help the U.S. outpace global competitors in the cryptocurrency space. In his view, this document will enable the country to take a leading role in the development of new financial technologies.
Trump's Appeal to Republicans
Trump urged Republican lawmakers to unite behind this bill, stating that it could solidify America's dominance in the rapidly changing world of cryptocurrencies.
The GENIUS Act represents a crucial step for the U.S. in strengthening its position in the crypto innovation landscape, which could lead to significant changes in the country's digital economy.
