A significant move just unfolded: the Senate Banking Committee is set to hold a hearing on the GENIUS Act. This legislation marks an important step toward building a comprehensive national framework for the crypto industry. The key focus? Creating clearer regulatory boundaries between stablecoins and the traditional banking system. Right now, there's considerable gray area around how stablecoins fit into the broader financial infrastructure. This hearing could help establish more defined rules, potentially shaping how crypto assets operate alongside conventional financial institutions. For anyone tracking regulatory developments, this one's worth monitoring closely.