The US House of Representatives has approved three bills regarding cryptocurrency, pushing for mainstream adoption amidst Trump's advocacy for the US as a crypto hub. One notable bill, the GENIUS Act, establishes consumer protections for stablecoins linked to stable assets. There is a focus on ensuring American competitiveness in cryptocurrency, along with bipartisan support. Another bill seeks to define regulatory distinctions between cryptocurrencies as commodities or securities. The legislation aims to clarify the regulatory landscape for digital assets, reflecting a global revolution in payment systems.
Three bills related to cryptocurrency have passed in the US House of Representatives, including the GENIUS Act which provides initial consumer protections for stablecoins.
The legislation aims to regulate how digital assets are classified, proposing a new market structure that differentiates between commodities and securities.
Collection
[
|
...
]