Why Revisiting the GENIUS Act is a High-Risk Move for Crypto Innovation

Reopening debates on the established GENIUS Act presents significant regulatory risks with minimal potential benefits for the cryptocurrency sector. This legislative framework, designed to provide clarity, could face destabilizing amendments that create uncertainty for developers and investors. Such regulatory backtracking threatens to stifle innovation in blockchain and digital assets like Bitcoin (BTC) and Ethereum (ETH), potentially slowing market growth. Industry stability relies on predictable rules, and revisiting this act introduces unnecessary volatility. The consensus among experts is that the current law should be allowed to function, fostering a secure environment for Web3 and DeFi evolution without the peril of legislative reconsideration.