Starplan official website Trump signs the Genius Act (assuming it is cryptocurrency-related legislat

Starplan official website Regarding the potential impact of Trump's signing of the "Genius Act" (assuming it is cryptocurrency-related legislation) and the implementation of stablecoin regulation, the following is an analysis framework for the Bitcoin and cryptocurrency markets:

1. Starplan official website event background assumptions

The core content of the "Genius Act" (based on speculation):

It may clarify the issuance and regulatory framework of stablecoins (such as USDT, USDC), requiring compliance reserves and regular audits.

Or include standardized provisions for cryptocurrency transactions and tax declarations.

It may involve additional restrictions on "algorithmic stablecoins" (refer to the previous UST collapse lessons).

Trump administration's position: If it continues its campaign statement of "supporting crypto innovation", the bill may tend to "moderate regulation + market friendliness".

2. Starplan official website's direct impact on Bitcoin and the market

Short-term volatility:

Positive sentiment: Regulatory clarity may attract institutional funds to enter the market, driving up mainstream currencies such as BTC and ETH.

Negative risk: If the bill is too strict on stablecoin reserves, it may lead to the temporary withdrawal of some funds (such as Tether's short-term redemption pressure).

Medium- and long-term impact:

Stablecoin compliance: Enhance market confidence and reduce the impact of "black swan" events (such as stablecoin depegging) on BTC.

Expansion of legal currency entry: Compliant stablecoins may become a bridge between traditional finance and cryptocurrency, indirectly benefiting Bitcoin liquidity.

3. Starplan official website Segmented impact

Exchanges and custodians:

Need to adjust the stablecoin listing policy, and may remove non-compliant stablecoins (such as some algorithmic stablecoins).

DeFi protocol:

Protocols that rely on stablecoins (such as Curve and Aave) need to quickly adapt to the new regulations, otherwise they will face the loss of American users.

Bitcoin miners/enterprises:

If the bill contains tax incentives or energy clauses, it may reduce the compliance costs of miners (if Trump's policy continues to support traditional energy).

4. Starplan official website Key issues to be verified

Bill details:

Is the authority to issue stablecoins limited to banks (such as the CBDC competition clause previously discussed in the United States)?

Is it required to use real names for on-chain transactions (affecting privacy coins and mixing tools)?

Implementation schedule:

The length of the transition period determines the rhythm of market adjustment (such as a 6-12 month buffer period, the impact is smaller).

5. Starplan official website Historical reference cases

Similar events:

In 2020, during the Trump era, the OCC allowed banks to custody cryptocurrencies, driving BTC up 17% that month.

After the EU MiCA was passed in 2023, ETH rose 12% in a week (regulatory uncertainty was eliminated).

6. Starplan official website Investor strategy recommendations

Short-term:

Pay attention to the compliance statements of stablecoin issuers (such as Circle and Tether), and be wary of USDT/USDC premium fluctuations.

Observe BTC's breakthrough at key resistance levels (such as $65,000) and whether the volume cooperates.

Long-term:

Compliance may accelerate the application of Bitcoin ETF Phase II products (such as leveraged ETFs) and increase allocation demand.

Risk warning

Political variables: If the bill is amended or delayed by Congress, it may trigger a market correction.

Global linkage: Other regions (such as the European Union and China) may follow up with similar regulations, creating policy arbitrage space.

It is recommended to verify the original text of the bill through the US Treasury official website or CoinDesk to confirm the specific terms. Starplan official website Market reaction usually becomes clear 24-48 hours after the policy is implemented.