📢#StablecoinLaw 🤔 THIS IS IMPORTANT:

📌The "Genius" Law or GENIUS (Guiding and Establishing National Innovation for U.S. Stablecoin) has already been signed by President Donald Trump on July 18, 2025, establishing a regulatory framework for stable cryptocurrencies in the United States.

📌This law requires that stablecoins be backed by liquid assets such as cash and short-term Treasury bonds, and mandates that issuers regularly publish details about the composition of their reserves.

▪️*Key aspects of the GENIUS Law:*

- *Stablecoin regulation*: The law establishes clear rules for stablecoins, ensuring they maintain their value and are backed by reliable assets.

- *Security and transparency*: Stablecoin issuers must comply with strict anti-money laundering laws and international sanctions, and publish information about their reserves.

- *Competition and innovation*: The law allows banks and fintech companies to issue and offer stablecoins under a clear regulatory framework, fostering competition and innovation.

- *Dollar dominance*: The law aims to preserve the dollar's dominance in digital transactions and maintain its value.

📌The signing of this law marks an important step in the regulation of cryptocurrencies in the United States and may have a significant impact on the country's financial and technological industry.