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BREAKING: House Passes GENIUS Act – Crypto’s Regulatory Watershed Moment
BREAKING: House Passes GENIUS Act – Crypto’s Regulatory Watershed Moment
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Washington just fired the starting gun for blockchain's next gold rush. The GENIUS Act cleared the House today with bipartisan support—a rare feat in today's political climate.
What's inside the bill? Think streamlined licensing for crypto firms, clearer tax treatment for DeFi, and (of course) the obligatory 'innovation task force' that'll cost taxpayers $20 million to produce a report nobody will read.
Wall Street analysts are already salivating over the compliance arbitrage opportunities. 'Finally, some regulatory capture we can believe in,' quipped one hedge fund manager while adjusting his alpaca wool tie.
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