An important turning point in US digital asset regulation, 7/15

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The GENIUS Act is the first federal stablecoin regulation bill in the United States, and aims to establish a clear supervisory system for payment stablecoins.

Once this bill is fully implemented, banks and financial institutions will have a foundation to review digital asset and stablecoin services in a clearer regulatory environment.

However, currently, “all U.S. banks adopt Bitcoin” and “Bitcoin has become the official policy of U.S. banks” have not been officially confirmed.

The GENIUS Act is not a bill mandating the adoption of Bitcoin itself, but rather a bill establishing a regulation and supervision system for stablecoins.

The U.S. digital financial system is changing rapidly, and the GENIUS Act is likely to be an important milestone in the future expansion of cryptocurrency, tokenization (RWA), and digital payment ecosystems.

An important turning point in US digital asset regulation, 7/15

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