đ§ #GENIUSAct: The U.S. Gets Smart on AI + Blockchain!
A new legislative proposal is here â and itâs called the GENIUS Act (Generating Enhanced National Innovation with U.S. Strategy).
Hereâs what itâs all about:
1ïžâŁ Purpose:
To build a national strategy around AI and blockchain development â keeping the U.S. globally competitive.
2ïžâŁ Blockchain Focus:
Support for decentralized innovation, including secure data infrastructure and Web3 identity.
3ïžâŁ AI Alignment:
Ensures ethical AI growth alongside blockchain â especially in finance, defense & cybersecurity.
4ïžâŁ Why Crypto Cares:
Could lead to pro-innovation regulations
More government grants + public-private partnerships
Boosts legitimacy of blockchain tech in mainstream policy
5ïžâŁ Timeline:
Still in early legislative stages â but gaining traction in Washington.
Bullish on governments embracing blockchain and AI together?
Comment âGENIUS MOVEâ if you think this is the start of smarter regulation!