GENIUS Act: A Pivotal Moment for Crypto, Backed by the SEC

After years of uncertainty and tug-of-war between crypto innovation and regulation, the United States finally seems ready to set its course on the burning issue of crypto. On July 17, the Securities and Exchange Commission (SEC) hailed a historic legislative milestone: the passage of the GENIUS Act in the House of Representatives. This ambitious bill, now on its way to Donald Trump’s office for enactment, aims to lay the foundations for clear, proactive, and forward-looking regulation. Behind the acronyms and polished speeches, a message emerges: crypto is no longer a regulatory anomaly, but a strategic lever for the American economy.

Regulation takes a historic turn

As summer settles in Washington, a real regulatory storm is shaking the Capitol: the SEC has just approved the GENIUS Act, a striking piece of legislation that could reshape the future of crypto on American soil.

After its adoption in the House of Representatives, the bill now awaits Donald Trump’s final signature to come into effect. It is a breakthrough that few expected to happen so quickly, yet here it is.

Through this bill, the American legislator seeks to lift crypto out of the legal fog that hinders its mass adoption. In its sights: stablecoins, these digital tokens backed by fiat currencies, often misunderstood but with immense potential.

The SEC, through the voice of its chairman Paul Atkins, does not hide its enthusiasm:

Blockchain and crypto asset technologies have the potential to revolutionize America’s financial infrastructure and deliver new efficiencies, cost reductions, transparency, and risk mitigation for the benefit of all Americans.

But let’s not be mistaken: behind the official statements lies an ideological battle. What some see as progress toward regulatory clarity, others perceive as an overzealous control attempt over a historically rebellious sector.

The GENIUS Act: between legal clarity and geopolitical ambition

It is no coincidence that the word “GENIUS” sounds like a provocation. Behind it lies a strategy of reconquest. The goal? To make the United States no longer a witch hunt ground for crypto, but a regulated and credible innovation hub.

The first target of the bill: payment stablecoins. The GENIUS Act intends to define their legal status, regulate their issuance, and above all reassure traditional financial players.

A move aimed at attracting institutional capital so far hesitant due to regulatory uncertainty. By providing a clear framework, Washington hopes to unlock billions of dollars of economic potential, while keeping a vigilant eye on systemic risks.

This bill also marks a geopolitical repositioning. While Europe imposes MiCA and Asia multiplies sovereign experiments, the United States no longer wants to remain on the sidelines.

If finalized, the adoption of the GENIUS Act could send a clear message: crypto will not only be tolerated, it will be regulated, exploited, and why not, dominated on a global scale.

Toward an era of cooperation between traditional finance and crypto?

What makes the GENIUS Act so strategic is that it does not merely regulate. It seeks to build bridges. Atkins speaks of a new era of transparency, cost reduction, and efficiency for all Americans. Translation: blockchain will no longer be confined to crypto startups; it is called to become a technological building block of traditional finance.

The implications are profound. Banks could soon issue their own regulated stablecoins. Tech companies will have a clear framework to offer crypto payment services. And above all, American developers will no longer be forced to exile their talent abroad to escape uncertainty.

Of course, the bill is not unanimous. Some denounce a framework that could kill innovation in its cradle, favoring giants at the expense of pioneers. Others warn of the risk of weakening the financial system by integrating assets still young and sometimes unstable.

But one thing is certain: the tide is turning. Washington no longer sees crypto as an enemy, but as a strategic opportunity. And with the GENIUS Act, the SEC sends a strong signal: America is ready to regulate, but also to embrace this digital revolution. Meanwhile in Europe, crypto companies are under increased scrutiny.