Blockchain Association Raises Support for GENIUS Act in Letter to Congress

Published at 2025-10-02 09:09:37
Blockchain Association Raises Support for GENIUS Act in Letter to Congress – cover image

On September 29, 2025, the Blockchain Association officially sent a letter to Congressional leaders underscoring their support for the GENIUS Act. This legislation stands as a foundational element of the U.S. digital asset regulatory framework.

The letter reinforces the digital asset industry's commitment to responsible innovation and regulatory clarity. It follows previous debates surrounding the GENIUS Act, including opposition letters from certain banking groups such as the ABA and State Bankers earlier in August 2025, and thoughtful commentary published in mid-September 2025 emphasizing that banks should not attempt to rewrite the law now that it is enacted.

The GENIUS Act aims to provide clear regulations that nurture the growth of digital assets while maintaining consumer protections. Its support from stakeholders like the Blockchain Association indicates a unified vision for the future of cryptocurrency regulation in the United States.

For those interested in entering the crypto market or expanding their holdings, platforms like Bitlet.app offer innovative solutions such as Crypto Installment services. This feature allows users to purchase cryptocurrencies now and pay in affordable monthly installments, making it easier to adopt digital assets aligned with emerging policies like the GENIUS Act.

Stay informed about regulatory developments and explore user-friendly platforms like Bitlet.app to navigate the evolving crypto landscape with confidence.

Share on:

Related news

Securitize Partners with TRON to Broaden Tokenized Securities Distribution

Securitize announced a strategic partnership with the TRON blockchain to strengthen its tokenized securities infrastructure and expand digital-asset distribution across one of the industry's most active networks.

Ripple Launches Treasury Management System to Expand Digital Asset Solutions

Ripple has unveiled a Treasury Management System designed to help corporates and financial institutions manage digital assets and liquidity. The move builds on Ripple's blockchain infrastructure and aims to broaden its institutional product set.

Published at 2026-04-08 14:45:20
Broadridge and Galaxy Launch First Onchain Proxy Vote for U.S. Public Company

Broadridge Financial Solutions will run Galaxy Digital’s May 2026 annual shareholder meeting on its onchain governance platform, making Galaxy the first U.S. public company to hold a proxy vote onchain.

Published at 2026-04-06 20:30:26
Jamie Dimon Urges JPMorgan to Speed Up as Tokenization Reshapes Finance

In his April 6, 2026 annual letter to shareholders, Jamie Dimon told investors JPMorgan must accelerate its roadmap as tokenization and blockchain spawn fresh competitors. He warned that “an entirely new wave of competitors is emerging on the back of blockchain technology.”

Coinbase CEO Aims to Bring Crypto to One Billion People

Coinbase CEO Brian Armstrong tweeted that the company's long-term vision is to put crypto in the hands of 1 billion people. The comment underscores Coinbase's focus on mass adoption and onboarding.