Trump: “NO DELAYS, NO ADD ONS”

After the Senate passed the GENIUS (Guiding and Establishing National Innovation for US Stablecoins) Act with a 68–30 vote, Trump posted on Truth Social urging quick House approval.

“The Senate just passed an incredible Bill that is going to make America the UNDISPUTED Leader in Digital Assets,” he wrote. “Get it to my desk, ASAP — NO DELAYS, NO ADD ONS.”

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With a narrow Republican majority in the House, the final vote is pending — but all eyes are on how swiftly it can reach Trump for final approval.

What Does The Bill Include?

The GENIUS Act aims to establish a clear regulatory framework for stablecoins, including:

• Mandatory 1:1 reserve backing
• State or federal-level licensing
• Anti-Money Laundering compliance
• Strict consumer protections
• Limits on how reserves can be used (e.g., only for redemptions or low-risk Treasury investments)

These measures are designed to eliminate shadow banking risks and enhance systemic trust in dollar-backed stablecoins.

Controversy Still Looms

Although now progressing, the bill had previously failed a cloture vote in May due to Democratic concerns. Critics like Senator Elizabeth Warren accused Trump and his family of positioning to earn “hundreds of millions” from a proposed USD1 stablecoin if the law passes. Others warned against falling behind globally in crypto adoption and innovation.

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The post Trump Urges Fast Track For GENIUS Bill: ‘Get It To My Desk, ASAP’ appeared first on Coin Engineer.

Advertisers must also comply with national-level legal requirements and be certified by Google, according to the March 24 update.

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The change applies to most EU nations and aligns with the EU’s MiCA regulation — the bloc’s first comprehensive regulatory framework for digital assets, introduced in December 2024.

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This policy aims to filter out unregulated actors, enhancing investor protection, but also raises concerns about compliance costs and accessibility for smaller exchanges.

Legal experts like Bitget’s Hon Ng believe the move could both strengthen trust and hinder innovation:

“These are net positives for the market, but they must be applied flexibly to avoid suffocating competition.”

Critics Question Google’s Intentions

Mattan Erder of Orbs argues the change primarily protects Google’s legal liability, not investors. He warns that MiCA or CASP compliance could be “burdensome and expensive,” leaving smaller crypto players behind.

You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our Telegram, YouTube, and Twitter channels for the latest news and updates.

The post Google Changes Crypto Advertising Policy in Europe! appeared first on Coin Engineer.