S. 919, also known as the Guiding and Establishing National Innovation for U.S. Stablecoins Act of 2025 or the GENIUS Act of 2025, aims to regulate the issuance and treatment of payment stablecoins in the United States. The bill prohibits...
Simple Explanation
The GENIUS Act of 2025 is a rule that tries to make sure special digital coins called stablecoins are safe and fair for everyone by having adults check who can make and use them. It wants to stop any sneaky business by setting up a lot of new rules and making sure these coins are always backed up with real money.