U.S. Takes Big Step Toward Crypto Clarity – Is a New Era Beginning?
The U.S. just passed a major crypto law called the GENIUS Act, focused on stablecoins. It requires every stablecoin to be backed 100% by safe assets like cash or U.S. Treasury bonds. This move aims to protect users and avoid risks like crashes or sudden losses. It’s the first strong legal step by the U.S. to control part of the crypto market clearly.
More Crypto Laws Passed
Besides the GENIUS Act, three other bills were also passed:
- One blocks the launch of a U.S. government digital dollar (CBDC), protecting user privacy.
- One sets clear rules about which agency controls crypto: the SEC or the CFTC.
- Another improves the crypto market’s security and structure, making it safer for investors.
These moves show the U.S. wants to become a global hub for crypto innovation.
Bitcoin & Ethereum Attract Big Investors
Big funds and financial firms are now treating Bitcoin and Ethereum like digital gold. Experts believe Bitcoin could touch $200,000 and Ethereum may hit $7,000 by end of 2025. Nearly 74% of Bitcoin supply is now held by long-term holders — a strong sign of belief in its future.
Global Moves: Tax & Regulation Risks
While the U.S. is opening doors, other countries are tightening rules:
- The EU’s MiCA rules might have weak points — foreign stablecoins could enter with fewer checks.
- Indonesia is raising crypto taxes from August 2025, making trading and mining more expensive.
These differences could create a split between crypto-friendly and crypto-strict nations.
Impact:
With clear U.S. laws, crypto might grow stronger and attract large investors. But tax hikes and weak laws elsewhere could create global risks. Tokenization could possibly lead the next big crypto boom.