GENIUS Act Passed

Episode 167,   Jul 18, 02:36 AM

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Ep. 167: Genius Act Pass

House passes CLARITY, GENIUS, and Anti-CBDC Acts—shaping the future of U.S. crypto regulation.

GENIUS Act becomes the first federal law governing stablecoins—full reserve backing, transparency, and oversight.

CBDC ban sparks privacy debate; strategic maneuvering ties it to defense funding.

FOIA panic over BTC holdings debunked—Marshals hold ~29K BTC, not 170K.

Senator Lummis weighs in; Bitcoin remains a strategic reserve per Trump’s March order.

Market reacts: BTC dips, ETH climbs, ETF volatility stabilizes.

Reflection: Rumors, regulation, and reserve strategy collide in crypto’s new chapter.