A new chapter in the crypto regulatory journey—what investors should know about stablecoins

There is a global push to regulate cryptocurrency and in the U.S. The GENIUS Act legislation is a significant step towards regulating stablecoins in an effort to enhance consumer protection and maintain crypto market stability. However, it faces criticism due to its potential impact on smaller innovators, lack of guardrails, risk of over-regulation, and unethical concerns. In essence, smaller issuers may not survive the strict financial requirements.