Commodity Futures Trading Commission

The U.S. House of Representatives has passed the GENIUS Act, paving the way for stronger regulation of U.S.-dollar-pegged stablecoins. This move is expected to enhance transparency and institutional trust in digital assets, signaling a positive outlook for the crypto industry.

The U.S. House of Representatives passed the GENIUS Act to regulate U.S.-dollar-pegged stablecoins, expanding the Commodity Futures Trading Commission's authority. This landmark legislation is expected to boost transparency, institutional adoption, and trust in digital assets, marking a major step forward for crypto regulation in the U.S.