This marks the first time major traditional banks have received explicit regulatory permission to create their own digital currencies through the GENIUS Act. Unlike previous crypto initiatives, this combines presidential backing, Wall Street power, and retail giants simultaneously - creating an unprecedented convergence of financial control mechanisms under established institutions rather than decentralized entities.
GENIUS Act: Wall St Giants Enter Biblical Mark System Via Stablecoins
📰 What Happened
Major US financial institutions including Bank of America, Fiserv, and Morgan Stanley are preparing to enter the stablecoin market following the passage of Trump's GENIUS Act. The legislation aims to position the US as a global cryptocurrency leader. Retail giants Walmart and Amazon are also exploring their own stablecoin initiatives. However, Reuters reports that significant technical and strategic hurdles remain despite the new regulatory framework's implementation.
📖 Prophetic Significance
The involvement of specific institutions (BoA, Morgan Stanley) alongside retail giants (Walmart, Amazon) represents a critical timeline marker in the development of the prophesied economic control system. The GENIUS Act's empowerment of traditional banks to issue their own digital currencies aligns with Revelation 13's description of centralized economic control. The simultaneous participation of both banking and retail sectors suggests we're entering the infrastructure-building phase, where the technical foundation for the mark system is being established through legitimate, mainstream channels rather than fringe technology.