Bybit & Block Scholes Report: GENIUS Act Aims to "Reinvent the Dollar" and Solidify US Leadership in Digital Assets

Bybit & Block Scholes Report: GENIUS Act Aims to "Reinvent the Dollar" and Solidify US Leadership in Digital Assets

PR Newswire

DUBAI, UAE, June 27, 2025

DUBAI, UAE, June 27, 2025 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, today released a new crypto insights report with Block Scholes, revealing how landmark U.S. legislative proposals like the GENIUS Act are set to reinforce the U.S. dollar's global dominance and rewire the international financial order. The report analyzes a new wave of regulatory momentum under the Trump administration, highlighting how new laws could institutionalize digital assets and cement the leadership role of the U.S. in the crypto industry.

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The report outlines key regulatory developments under the Trump administration that have boosted investors' confidence in crypto. The industry stands at the intersection of the dollar's legacy hegemony, favorable policy shifts in the U.S., and the global trend of increasing regulatory clarity. Institutional and official acceptance of crypto—from stablecoins to BTC, is being coded into laws.

Key Insights:

For detailed insights, readers may download the full report.

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About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open, and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

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