How the GENIUS Act and Stablecoin Regulation Affect the Climate
Background: The GENIUS Act The recently passed “Guiding and Establishing National Innovation for U.S. Stablecoins Act” (GENIUS Act) aims to legitimize stablecoins—cryptocurrencies pegged to stable assets like the U.S. dollar—by providing a regulatory framework. While this could provide clarity and consumer protections for digital finance, the act is sparking intense debate over its impact on […]