How so? I've thought the GENIUS act was suppossed to bring more clarity on stablecoin regulations. I think the one that will cause all the other dominoes to fall into place for Bitcoin and crypto would be the Anti-CBDC Surveillance Act. It will mark a huge win for privacy and freedom. Just what crypto/Blockchain stands for. Either way, all of these bills aim to make regulations more flexible for the industry. This will translate into higher investor confidence in the long run. I believe Trump is pushing the approval of pro-crypto bills for his own benefit. He has a Blockchain network (World Liberty Financial) and stablecoin (USD1) of his own.

By all means, the Trump administration is making history with its pro-crypto agenda. I hope Democrats don't put all efforts in vain if they win the White House and both chambers of Congress in the future (which is doubt they will). With all of the buzz surrounding stablecoins, I think they will become the de-facto digital Fiat currencies of the US. In essence, they will work like a CBDC. So even with the Anti-CBDC Surveillance Act in place, the US government would've already have an unofficial digital USD of its own. As for Bitcoin, the government will continue to increase its holdings as a sort of inflation hedge. Just like Gold. The Strategic Crypto Reserve is the first step. Exciting times ahead for all Bitcoiners.