"Crypto Week in D.C.” — AMA on Bitcoin $120K surge, GENIUS Act, and stablecoin regulation
Hey Product Hunt, I’m Onya Stephen Toochukwu, founder and lead writer at Emostically 🚀. We’ve just released our latest deep-dive article:
“Crypto Week in D.C.: How the GENIUS Act Sparked Bitcoin’s Breakthrough to $120K”
July 14–16, 2025, a pivotal time when U.S. lawmakers debated the GENIUS Act (stablecoin rules), CLARITY Act (token definitions), and Anti‑CBDC bill—all while Bitcoin shattered the $120K mark.
🧾 Thread Recap
1️⃣ GENIUS Act unveiled
Establishes 1:1 reserves, audits, AML/KYC compliance
Bans embedded-yield mechanisms in compliant stablecoins
2️⃣ Regulatory clarity arrives
Addresses SEC vs CFTC jurisdiction, federal vs state oversight
3️⃣ Bitcoin leaps $120K
Driven by renewed confidence in stablecoin regulation
4️⃣ Institutional signals
Banks, fintech, and tech giants preparing tokenized solutions
5️⃣ DeFi pivot needed
Yield engine models, delta-neutral strategies become essential
💬 Discussion Point
💡 DeFi builders: Are yield-engine pivots already underway in your projects?
💡 Legal/policy watchers: Does GENIUS Act clarify compliance—what gaps still remain?
💡 Investors/users: How are you weighing institutional stablecoins (e.g. JPMD) vs native tokens?
🔍 Check out the full article here:
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