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Tapu13
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#StablecoinLaw Big news from the U.S. — the GENIUS Act has been signed into law, kicking off the first official federal regulation for stablecoins. Issuers will now need to maintain 1:1 reserve backing (like cash or Treasury bills), publish monthly proof-of-reserve reports, and undergo strict anti–money laundering and auditing protocols. All USDT, USDC, and other dollar-pegged coins must comply or face enforcement over the next few years. ⚖️ Opponents like Senator Elizabeth Warren raise concerns—pointing to loopholes that let the President and his family avoid conflict-of-interest provisions, and questioning potential influence from tech giants. Meanwhile, rival legislation (like the STABLE Act) aims for stronger consumer protections and tighter oversight. Both require negotiations before final unification, likely later in 2025. For traders and users, this means greater transparency and legitimacy—but also new barriers for yield-bearing coins or algorithmic stablecoins. The stablecoin era is entering a regulated phase—and it’s just getting started.
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