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🇺🇸 The "Genius Act" Shakes Global Crypto Policy — EU on Alert
Actions by the US are raising concerns in the EU. The "Genius Act," signed by President Trump this July, has introduced the first comprehensive regulations for the $288 billion stablecoin market.
Under this law:
Issuers of dollar-pegged tokens must maintain sufficient reserves of liquid assets
They are required to meet licensing obligations
Must follow strict reporting standards
🔍 Supporters of the legislation say it strikes a critical balance:
✅ Consumer protection
✅ Space for innovation
This
🇺🇸 The "Genius Act" Shakes Global Crypto Policy — EU on Alert
Actions by the US are raising concerns in the EU. The "Genius Act," signed by President Trump this July, has introduced the first comprehensive regulations for the $288 billion stablecoin market.
Under this law:
Issuers of dollar-pegged tokens must maintain sufficient reserves of liquid assets
They are required to meet licensing obligations
Must follow strict reporting standards
🔍 Supporters of the legislation say it strikes a critical balance:
✅ Consumer protection
✅ Space for innovation
This