Trump Don Sign GENIUS Act, Dem Don Pass Stablecoin Regulation for USA
Di US House don pass three important crypto bills, including di GENIUS Act wey dey regulate stablecoin dem. President Trump don sign di GENIUS Act now, wey set federal framework for stablecoins wey dem peg to US dollar. Di GENIUS Act talk say make dem get strict 1:1 dollar reserves, regular transparency reports, AML compliance and cross-platform interoperability under SEC and CFTC watchdogs. Ripple CEO Brad Garlinghouse compare di GENIUS Act to di post-2008 financial reforms, praise how both parties support am and how e clear regulatory ground for blockchain companies. Ripple stablecoin RLUSD go benefit directly. Meanwhile, CLARITY Act and Anti-CBDC Surveillance State Act wey define token types and block Fed digital currency dey wait Senate approval. Traders suppose dey watch how dem go implement am, changing SEC/CFTC rules and new DeFi products. Regulatory clarity fit bring fresh liquidity to Bitcoin, Ether, and other markets.
Bullish
Di GENIUS Act don bring long wait stablecoin regulation, e reduce legal wahala and make transparency and AML compliance better. President Trump sign am, e bring federal control wey go boost institutional confidence and make adoption enter main market. Ripple RLUSD go benefit sharp sharp, and more market clarity from CLARITY and Anti-CBDC acts (wey Senate never pass yet) fit attract fresh liquidity enter BTC and ETH. For short term, traders fit see more volume for regulated stablecoins; for long term, clearer rules go support steady capital flow and market growth, making dis development generally bullish.