The GENIUS Act and the Frenzied Crypto Market The second quarter of 2025 coincides with the holding of several Crypto conferences in North America. On May 19, the GENIUS Act (the Global and National Innovation for Stablecoins Act) was advanced with a vote of 66 in favor and 32 against in the US Senate. Within a week, various financial and Crypto institutions rapidly iterated with each other. As a friend put it, the entire market became restless. The uniqueness of this act lies in its potentia...

The GENIUS Act and the Frenzied Crypto Market The second quarter of 2025 coincides with the holding of several Crypto conferences in North America. On May 19, the GENIUS Act (the Global and National Innovation for Stablecoins Act) was advanced with a vote of 66 in favor and 32 against in the US Senate. Within a week, various financial and Crypto institutions rapidly iterated with each other. As a friend put it, the entire market became restless. The uniqueness of this act lies in its potentia...