The US Senate has passed the GENIUS Act, marking a landmark moment for stablecoin regulation in the country. This historic legislation establishes a nationwide framework for regulating stablecoins, impacting both the digital asset market and investor confidence across financial sectors. 1. The act’s enactment marks the first comprehensive regulatory structure for stablecoins in the US, potentially leading to significant shifts in how digital assets operate within the country’s economy. 2. The GENIUS Act is expected to influence Bitcoin prices in the coming weeks as investors adjust to this new regulatory landscape. This legislation could impact the stability of the crypto market by bringing greater clarity and control over stablecoin issuance and operations, aiming to address concerns about volatile financial activity.