In June 2025, the U.S. Senate approved the GENIUS Act, creating the first legal foundation for stablecoins and tokenized assets. This step marks significant federal involvement in crypto regulation.
Passage of the GENIUS Act
The GENIUS Act was passed by the U.S. Senate in June 2025 and signed into law by President Trump in July, establishing comprehensive rules for stablecoin regulation. This legislation represents a significant milestone in creating legal frameworks for crypto assets in the U.S.
Changes in Compliance Standards
The GENIUS Act is expected to significantly alter compliance standards in the crypto industry, introducing stricter reserve requirements for stablecoins. Experts suggest that these changes may lead to market adjustments as companies adapt their practices to align with new regulations.
Comparison with EU's MiCA
Comparing the GENIUS Act with the MiCA regulation in the European Union provides insights into potential market adjustments and compliance shifts in the U.S. Historically, regulations have led to price volatility and changes in trading volumes, affecting how investors and crypto operators respond.
The passage of the GENIUS Act represents a crucial step in cryptocurrency regulation with the potential for long-term impacts on the industry and increased institutional investor participation.
