One Year Later: Has the GENIUS Act Changed Crypto in the U.S.?

The GENIUS Act marks one year as Selig, Anchorage and Lummis call for CLARITY Act rules on crypto markets and customer protection.

• The GENIUS Act, focused on stablecoin regulation, has marked its one-year anniversary, with proponents like Mike Selig and Anchorage Digital claiming it has helped establish the U.S. as a global crypto hub.
• Industry figures and policymakers are now advocating for the CLARITY Act to extend similar regulatory clarity and customer protection measures to broader digital asset markets, citing past bankruptcies as a cautionary tale.
• The article highlights the ongoing debate in the U.S. Senate regarding the future of crypto regulation, with a focus on defining oversight between the SEC and CFTC and ensuring user protection.

Topics: Legal regulatory, Jurisdictions, Institutional adoption, Securities law classification, Established hubs, Asset manager initiatives

Tags: #geniusact #clarityact #stablecoin #cryptoregulation #uspolicy #customerprotection #anchoragedigital #cynthialummis #mikeselig #sec #cftc

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