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BlockchainProgress

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James jam12 jon
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$USDC The **Global Economic Network for Innovation and Unprecedented Success (GENIUS) Act** is a proposed U.S. bill aimed at fostering blockchain innovation, clear crypto regulations, and tech competitiveness. Key provisions include: - **Regulatory clarity** for digital assets, distinguishing securities vs. commodities. - **Tax incentives** for blockchain startups and decentralized projects. - **Consumer protections** against fraud while promoting DeFi growth. - **Support for CBDC research** alongside private stablecoins like USDC. #Crypto advocates praise its balanced approach, but critics warn of loopholes. If passed, the #GENIUSAct could position the U.S. as a leader in Web3, boosting jobs and investment. #FutureOfFinance #BlockchainProgress $USDC {spot}(USDCUSDT)
$USDC The **Global Economic Network for Innovation and Unprecedented Success (GENIUS) Act** is a proposed U.S. bill aimed at fostering blockchain innovation, clear crypto regulations, and tech competitiveness. Key provisions include:
- **Regulatory clarity** for digital assets, distinguishing securities vs. commodities.
- **Tax incentives** for blockchain startups and decentralized projects.
- **Consumer protections** against fraud while promoting DeFi growth.
- **Support for CBDC research** alongside private stablecoins like USDC.
#Crypto advocates praise its balanced approach, but critics warn of loopholes. If passed, the #GENIUSAct could position the U.S. as a leader in Web3, boosting jobs and investment. #FutureOfFinance #BlockchainProgress
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Bullish
🚀 New York Takes a Bold Leap into Crypto! � #NYLeads #CryptoRevolution #BitcoinForTaxes #FutureOfFinance #VanelVision New York is making waves with Assembly Bill 7788, paving the way for state agencies to accept cryptocurrencies like Bitcoin for taxes, fees, and even fines! 💰✨ Sponsored by forward-thinking Rep. Clyde Vanel, this bill could be a game-changer for mainstream crypto adoption in the public sector. Imagine paying your taxes in #BTC or settling fines with #Ethereum —this is the future knocking at New York’s door! 🏛️🔗 Will other states follow? 🌎💡 #CryptoNews #BlockchainProgress $BTC {spot}(BTCUSDT) $ETH {spot}(ETHUSDT) $XRP {spot}(XRPUSDT)
🚀 New York Takes a Bold Leap into Crypto! �
#NYLeads #CryptoRevolution #BitcoinForTaxes #FutureOfFinance #VanelVision
New York is making waves with Assembly Bill 7788, paving the way for state agencies to accept cryptocurrencies like Bitcoin for taxes, fees, and even fines! 💰✨ Sponsored by forward-thinking Rep. Clyde Vanel, this bill could be a game-changer for mainstream crypto adoption in the public sector.
Imagine paying your taxes in #BTC or settling fines with #Ethereum —this is the future knocking at New York’s door! 🏛️🔗 Will other states follow? 🌎💡
#CryptoNews #BlockchainProgress
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