奥纬咨询：2025年稳定币时代合规问题：《天才法案》的影响研究报告（英文版）

After years of false starts and delays, the United States has established its first federal-level framework for stablecoins through the passing of the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins). The act itself does not contain groundbreaking rules and guidelines compared to recent regulation and guidance in other parts of the world (such as the EU, Singapore, and the United Arab Emirates) and in states (such as New York). Moreover, the Clarity Act to establis