James_Sept-Oct_2025_web - Flipbook - Page 40
PRESIDENT TRUMP SIGNS THE GENIUS ACT
We don’t abandon an emerging industry because
it presents challenges— we build better systems
around it. Think about how early concerns around
electricity led to fire codes, not bans. Or how policymakers treated the internet— not with rigid pre-approval regimes, but with thoughtful guardrails like
Section 230 which allowed innovation to flourish.
That’s the posture we need now: one that
welcomes builders, pilots new ideas in real-world
settings, and makes Georgia a jurisdiction where
startups want to set up shop— not fight for survival.
This approach isn’t just good policy— it’s good
politics. Voters want to see their communities benefit from job creation, investment and next-generation
infrastructure. They want smart rules, not knee-jerk
reactions. And they want their elected leaders to be
proactive, not reactive, in shaping the future.
That’s why the recent momentum in Washington matters. In July, President Donald Trump
signed the GENIUS Act— the first comprehensive
federal framework for regulating stablecoins into
law. Next up is the CLARITY Act. It is market structure legislation expected to move this fall. Together,
these measures could mark a watershed moment,
finally delivering the federal regulatory certainty
digital assets have lacked. Georgia should move
now to align with that vision.
By acting now— through targeted legislation,
innovation sandboxes, and public-private partnerships— Georgia can position itself at the front of the
pack. States like Wyoming and Texas are already
moving. If we want to compete for the next generation of talent and capital, we need to make Georgia
the easiest place in America to build responsibly.
The window is open, but it won’t stay that way.
This year’s decision makers— lawmakers, regulators,
and business leaders— will decide whether we seize
our place at the front of the digital economy or get
left watching from the sidelines.
This is our moment. Let’s innovate and secure a
more empowered future!
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JAMES SEPTE M B E R /O C TO B E R 2 0 2 5
Tony Erwin is principal consultant at Skyrocket Financial Solutions
and director of business development for a blockchain business in
Georgia, OnlyX.io.
