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pachira
@pachira
🔑 Top 5 Key Points of the GENIUS Act 1. Massive Investment in Emerging Tech • Allocates $50+ billion to U.S.-based innovation in areas like AI, blockchain, and quantum computing. • Designed to counter China’s tech lead and bring critical industries back onshore. 2. Crypto Regulation Clarity • Introduces clear definitions for crypto assets (e.g., security vs. commodity). • Aims to reduce the regulatory uncertainty that has driven U.S. crypto projects abroad. 3. Support for Self-Custody & DeFi • Protects individuals’ rights to hold their own crypto (not just through centralized exchanges). • Encourages DeFi experimentation under “sandbox” regulations, offering safe zones for innovation.
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