Physna CEO and cryptocurrency expert Paul Powers told Newsmax Tuesday that the new GENIUS Act will help remove some of the risk in the minds of many new crypto investors.

Powers told “National Report” that the new legislation “de-risks the idea of using crypto. There’s the benefit of the lower cost, the faster transaction time, the decentralized nature of crypto.”

He said such legislation will only serve to create more interest and more investments going into crypto. “What we’re going to start seeing for both everyday Americans and the economy in general is more integration of cryptocurrency into everyday life and also into new technology and new products,” said Powers.

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