Crypto Industry Opposes Proposed Amendments to GENIUS Act on Stablecoin Regulation
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jan 08 2026- Industry Opposition: Crypto advocates warn that amendments to the GENIUS Act could restrict stablecoin yields, undermining market competition and directly impacting financial inclusion for everyday consumers.
- Legislative Risk Warning: Legal experts caution that such changes could incentivize US users to adopt foreign digital currencies like China's digital yuan, potentially eroding the US dollar's global dominance.
- Tension Between Innovation and Regulation: Industry leaders emphasize that regulatory measures should not obstruct innovation but rather promote market competition to maintain US leadership in the crypto space.
- Financial Stability and Technological Progress: The ongoing debate highlights the importance of balancing regulation and innovation in the rapidly evolving crypto industry to ensure financial stability without stifling technological advancement.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
