Did Uncle Sam finally realize that trying to control stablecoins is like trying to put a leash on a thunderstorm? ⚡
Well, as of January 2nd, the "GENIUS" Act is officially moving into its detailed implementation phase.
BTCUSDT
دائم
70,442.5
-1.30%
SOLUSDT
دائم
87.05
-0.97%
SUIUSDT
دائم
0.97
-1.44%
It’s truly poetic that they named it "GENIUS"—likely because it only took them a decade to realize that people actually like money that moves faster than a carrier pigeon. 🤡
Now we get a mountain of federal fine print ensuring every coin is backed 1:1, while giving regulators the "magic" power to freeze or burn tokens at will. 🏛️
It’s basically decentralization with a government-approved "off" switch! 💸
Good luck to the devs navigating rules written by people who still struggle to open a PDF. 📉