The House passed the GENIUS Act today. Aimed at making the U.S. the “crypto capital of the world,” it mandates stablecoin issuers to maintain 1:1 reserves with liquid assets like U.S. dollars or Treasuries, ensuring redemption stability. The Act, backed by Reps. French Hill and Andy Barr, require monthly reserve disclosures, annual audits for issuers over $50 billion, and compliance with anti-money laundering rules. It prioritizes stablecoin holders in bankruptcy proceedings. Despite bipartisan support, critics like Sen. Elizabeth Warren argue it lacks robust consumer protections and fails to address conflicts of interest, particularly citing President Trump’s USD1 stablecoin.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。