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The lack of yield-bearing options for US-regulated stablecoins under the GENIUS bill will drive investors to search for interest elsewhere, analysts said.

Key Takeaways: U.S. House has passed the GENIUS Act, establishing federal stablecoin regulations. Executives from Ondo, Bitpanda, and Gluwa cite rising institutional confidence. Regulatory clarity may shape how infrastructure and securities laws intersect globally. Executives from Ondo Finance, Bitpanda, and Gluwa say the passage of key crypto regulations, including the GENIUS Act in the U.S. House, represents a shift in the policy environment for digital assets. According to statements shared with Cryptonews.com on July 16, Ian De Bode, Chief Strategy Officer at Ondo Finance, said the bill represents “the beginning of a new regulatory era,” citing bipartisan cooperation and increased institutional readiness. GENIUS Act Interpreted by Executives “The clearer the rules, the faster adoption will follow,” he said, adding that legal clarity has long been the key obstacle to full institutional participation. De Bode noted that Patrick McHenry, Vice Chair of Ondo and former Chair of the House Financial Services Committee, has played a role in advancing policy. “His presence alongside President Trump at today’s GENIUS Act signing underscores the significance of this moment – not just for policy, but for the broader digital asset industry,” De Bode said. Crypto Week has delivered. The GENIUS Act is now law, providing long-overdue clarity for stablecoin issuers, protections for consumers, and defined guidelines for regulators. With the CLARITY Act also advancing through the Senate, the US took a major step toward defining… pic.twitter.com/ckNjO2FF2t — Ondo Finance (@OndoFinance) July 18, 2025 Bitpanda Deputy CEO Lukas Enzersdorfer-Konrad said that regulatory movement in Washington is shaping investor sentiment. “This breakthrough is fuelling broad market optimism in BTC, as we’ve seen from the recent all-time high, and now for altcoins,” he said. He emphasized the renewed interest in altcoins like XRP and DOGE and said, “broad rallies need confidence.” Tae Oh, CEO of Gluwa, focused on the stablecoin provision in the GENIUS Act. “By establishing the first federal framework for USD-pegged stablecoins, this development signals a strong commitment to responsible innovation, consumer protection, and long-term industry growth,” he said. He added that the bill supports future adoption in “payments, DeFi, and financial infrastructure.” Oh also pointed to the Crypto Market Structure Bill and the upcoming Fed meeting. “Even the slightest hints of a pivot in policy could significantly impact risk assets,” he said. Evolving Regulatory Environment in Crypto Space Some industry analysts view the GENIUS Act’s passage as part of a larger trend toward regulatory convergence across major economies. The European Union’s Markets in Crypto-Assets Regulation (MiCA) and similar efforts in Asia suggest that lawmakers globally are seeking to align digital asset oversight with existing financial systems, reducing regulatory arbitrage and improving cross-border compatibility. At the same time, the regulation exposes a divide between countries that treat crypto primarily through securities law enforcement and those that treat it through financial infrastructure reform. The ability of jurisdictions to define clear supervisory roles across banking, securities, and commodities may determine how effectively they integrate blockchain-based systems into their economies. Frequently Asked Questions (FAQs) How might U.S. regulation impact crypto jurisdictions in Asia? Asia-based regulatory authorities may adjust licensing structures and enforcement thresholds based on how U.S. policy evolves, particularly if they seek access to U.S. liquidity or wish to comply with international financial standards. What are the risks of regulatory fragmentation despite growing alignment? Conflicting definitions of digital assets and inconsistent supervision of stablecoins or DeFi protocols may lead to market segmentation, making it harder for cross-border services to operate under unified legal assumptions. How are traditional financial institutions responding to the GENIUS Act? Many banks and asset managers are reportedly monitoring developments for potential entry points, especially in areas such as tokenized treasuries and compliant stablecoin issuance, which may now fall under clearer federal rules.

PANews reported on June 29 that according to The Information, OpenAI has reached customized artificial intelligence cooperation agreements with the US Department of Defense, the Indian government, and Grab. It