The team at Gemini is pushing Congress hard on a key point: stick with the original Stablecoin Genius Act as written. No watering it down, no last-minute rewrites.
This is crucial because the bill, as drafted, creates a clear regulatory framework for how stablecoins should operate in the U.S. financial system. Any modifications could open loopholes or create compliance headaches for platforms trying to play by the rules.
Why does this matter? Stablecoins have become infrastructure for crypto trading and DeFi apps. A solid, consistent regulatory approach benefits everyone—exchanges, users, and the broader market. Vague rules breed uncertainty. Clear ones breed trust.
Georgy is making the rounds, making sure lawmakers understand: getting this right from day one is better than fixing it later. The crypto community is watching closely to see how Congress responds.
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SatoshiLeftOnRead
· 15h ago
Gemini's move was well played... If stablecoins really get clear regulations, otherwise our group of traders will be played to death.
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DaoTherapy
· 15h ago
Gemini's move is indeed correct. If the rules for stablecoins are uncertain, both our platform and users will suffer. A clear framework can truly be a lifesaver.
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PumpBeforeRug
· 15h ago
Gemini truly wants to do things right this time. It's much more reliable than those platforms still growing wildly. Understanding the rules of stablecoins can really save a lot of trouble.
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CountdownToBroke
· 15h ago
Finally, someone dares to speak frankly. Stop changing things around, and no one can exploit a bunch of loopholes... Clear rules are better than anything else.
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SelfSovereignSteve
· 15h ago
Gemini's stance this time is somewhat meaningful; don't change the bill recklessly, really need to understand it clearly... If stablecoins lack a clear regulatory framework, a bunch of troubles will follow.
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AirdropHunter007
· 15h ago
Gemini is really tough this time, just not allowing the lawmakers to make random changes... Hopefully they won't end up getting suspended again in the end.
Gemini Stands Firm on Stablecoin Legislation
The team at Gemini is pushing Congress hard on a key point: stick with the original Stablecoin Genius Act as written. No watering it down, no last-minute rewrites.
This is crucial because the bill, as drafted, creates a clear regulatory framework for how stablecoins should operate in the U.S. financial system. Any modifications could open loopholes or create compliance headaches for platforms trying to play by the rules.
Why does this matter? Stablecoins have become infrastructure for crypto trading and DeFi apps. A solid, consistent regulatory approach benefits everyone—exchanges, users, and the broader market. Vague rules breed uncertainty. Clear ones breed trust.
Georgy is making the rounds, making sure lawmakers understand: getting this right from day one is better than fixing it later. The crypto community is watching closely to see how Congress responds.