{"id":95455,"date":"2025-06-20T11:52:07","date_gmt":"2025-06-20T11:52:07","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/digital-asset-technologies-celebrates-genius-act-as-pivotal-moment-for-u-s-leadership-in-digital-finance\/"},"modified":"2025-06-20T11:52:07","modified_gmt":"2025-06-20T11:52:07","slug":"digital-asset-technologies-celebrates-genius-act-as-pivotal-moment-for-u-s-leadership-in-digital-finance","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/digital-asset-technologies-celebrates-genius-act-as-pivotal-moment-for-u-s-leadership-in-digital-finance\/","title":{"rendered":"Digital Asset Technologies Celebrates GENIUS Act as Pivotal Moment for U.S. Leadership in Digital Finance"},"content":{"rendered":"
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VANCOUVER, BC, June 20, 2025 (GLOBE NEWSWIRE) — Digital Asset Technologies Inc. (CSE: DATT) (OTCPK: EATBF) (FSE: 988) (\u201cDigital Asset Technologies<\/strong>\u201d or the \u201cCompany<\/strong>\u201d) and its portfolio company LiquidLink AI Corp. (\u201cLinkLink<\/strong>\u201d), strongly supports the U.S. Senate\u2019s passage of the GENIUS Act (S.1582)<\/strong> \u2014 a landmark bill establishing the first comprehensive federal regulatory framework for payment stablecoins<\/strong>. The legislation marks a definitive turning point for the digital asset industry and lays the foundation for global programmable money<\/strong>, institutional grade stablecoins, and real-world asset (RWA) tokenization<\/strong>.<\/p>\n

The GENIUS Act not only positions the United States alongside every other G20 nation<\/strong> that has developed or is piloting programmable money systems \u2014 including Europe\u2019s MiCA framework and CBDC programs in China, Japan, and Canada \u2014 it actually leapfrogs them<\/strong>. Unlike most of these jurisdictions, which are focused solely on central bank digital currencies (CBDCs), the U.S. is now enabling regulated private enterprises<\/strong> to issue secure, redeemable, and transparent stablecoins \u2014 unlocking innovation in ways that centralized, government-issued tokens cannot.<\/p>\n

\u201cThis legislation marks the official start of the internet of value,\u201d<\/strong> said Marcus Ingram, CEO of LiquidLink, a portfolio company of Digital Asset Technologies Inc.
\u200e \u201cThe U.S. now leads the world with a market-driven framework that empowers private innovators to build a future where money moves as freely as email \u2014 no bank account required.\u201d<\/strong><\/p>\n

The Rise of a Tokenized Financial System<\/strong><\/b><\/p>\n

The GENIUS Act doesn\u2019t just legitimize payment stablecoins \u2014 it signals the beginning of a broader regulatory framework that will support the tokenization of all real-world assets<\/strong>, from equities and commodities to real estate and intellectual property. By setting capital, liquidity, and transparency standards for issuers and custodians, the bill lays the groundwork for a compliant, programmable, and interoperable global financial system<\/strong>.<\/p>\n

XRPL: The Network for Real-World Asset Settlement<\/strong><\/b><\/p>\n

With this evolution now underway, the XRP Ledger (XRPL)<\/strong> stands out as the ideal network to support a stablecoin- and RWA-driven future:<\/p>\n