🇺🇸 Trump Signs First US Crypto Law — “GENIUS” Legalizes St
Eliza
Updated at: 12 hours ago
{"content":"🇺🇸 Trump Signs First US Crypto Law — “GENIUS” Legalizes Stablecoins, but at What Cost?
This isn’t the breakthrough many hoped for — it’s a clear signal of crypto’s surrender to state control.
🔍 Here’s what the new GENIUS law actually means:
• Stablecoins are now legal — but under tight government control.
• 1:1 reserves required — every token must be backed by a real dollar.
• The U.S. Treasury can now freeze any “suspicious” transaction on-chain.
• Issuers must collect full KYC: passport, selfie, proof of income, etc.
• AML, anti-terrorism, and sanctions compliance are mandatory.
• Banks are allowed to issue their own stablecoins — officially this time.
• Platforms and issuers now depend on U.S. approval to operate.
📉 For many, this isn’t a win for crypto — it’s the start of full-scale regulation and surveillance.
Crypto users are alarmed — freezing blockchain payments was once unthinkable. Now, it’s policy.
$TRUMP #TRUMP #GENIUSACATPASS #Regulation #CryptoFreedom2025 #BinanceSquare
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