Crptonews

Washington D.C. - The U.S. Congress is poised for a pivotal week in cryptocurrency legislation, with both stablecoin and market structure bills expected to see significant movement. After years of calls for regulatory clarity from the crypto industry, lawmakers are pushing forward with measures that could shape the future of digital assets in the United States.
Next week, the House Financial Services Committee and the House Agriculture Committee are slated to mark up the Digital Asset Market Clarity Act (Clarity Act), a comprehensive market structure bill. This legislation aims to provide a clearer regulatory framework for digital assets, differentiating between commodities and securities and assigning oversight to the appropriate agencies, primarily the Commodity Futures Trading Commission (CFTC) for digital commodities and the Securities and Exchange Commission (SEC) for investment contracts. The markup is anticipated to result in a vote to advance the bill to the full House of Representatives.
Concurrently, the Senate is nearing a potential vote on the Guiding and Establishing National Innovation for U.S. Stablecoins of 2025 Act (GENIUS Act). Senator Ruben Gallego (D-AZ), a key proponent of the bill, expressed optimism for strong bipartisan support, predicting it could clear a 60-vote threshold for cloture and subsequently pass the Senate with a simple majority. The GENIUS Act, along with its House counterpart, the STABLE Act, seeks to establish a robust regulatory regime for stablecoins, including clear reserve requirements, licensing procedures, and consumer protections.
The potential for both a market structure bill and a stablecoin bill to advance to the House floor in the coming weeks marks a significant step for the crypto industry. While the exact path to enactment remains fluid, with some suggesting the GENIUS Act could be attached to the Clarity Act for a combined House vote, the prevailing sentiment is that stablecoin legislation is more likely to reach President Donald Trump's desk by the August recess. Market structure legislation, however, may take longer, potentially extending through the end of the year.
The legislative push comes amidst ongoing discussions about the intersection of cryptocurrency and politics, particularly concerning President Trump's increasing ties to the crypto industry. Recent developments, such as Truth Social's filing for a spot bitcoin exchange-traded fund (ETF), highlight the growing financial interest in digital assets among prominent figures, adding another layer to the legislative debate.
Beyond these federal efforts, states are also taking steps to embrace crypto, with California, for instance, advancing legislation that would allow crypto payments for state services. Internationally, France has recently seen arrests in connection with crypto kidnapping cases, underscoring the global challenges and risks associated with the burgeoning digital asset space.
As the U.S. moves closer to establishing clearer rules for digital assets, the coming weeks will be crucial in determining the scope and speed of this long-awaited regulatory clarity for the crypto industry.

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Lawyer Bill Morgan ne ek X user ke jawab mein kaha hai ke $XRP ke bare mein yeh kehna ke uske paas legal clarity nahi hai, "crypto industry mein is saal ka sabse bada jhooth hai." Unhone Judge Analisa Torres ke July 2023 ke faisle ka hawala diya, jismein yeh tay kiya gaya tha ke $XRP apne aap mein ek security nahi hai.
Judge Ka Faisla: XRP Nahi Hai Security
Morgan ne kaha ke faisla clear tha: jabki Ripple ke institutional sales ko securities transactions qarar diya gaya tha, lekin programmatic sales on exchanges nahi. SEC ne October 2024 mein is faisle ke kuch hisson ko appeal kiya, lekin unhone is baat ko challenge nahi kiya ke XRP khud ek security nahi hai.
XRP Ki Strong Legal Standing
Morgan ne kaha ke judge ke commentary, yaani "obiter dicta," ka persuasive value hai legal circles mein, jo XRP ko regulatory debates mein ek mazboot position deta hai. Unhone kaha, "Dicta legal clarity provide karta hai. Yeh persuasive authority hai aur koi bhi finding iske khilaf nahi hai ke XRP ek security hai."
Bitcoin Se Zyada Judicial Clarity
Morgan ne yeh bhi kaha ke yeh precedent XRP ko Bitcoin se zyada defined legal status deta hai, jo aisa koi court ruling nahi hai. Abhi tak, case unresolved hai aur dono parties court mein settlement approval ka intezar kar rahe hain.
Proposed Settlement Rejected
Court ne proposed settlement ko reject kar diya, jismein Ripple ko $75 million fine dena tha, aur $50 million potentially forfeit karna tha. Court ne kaha ke joint filing procedurally flawed tha aur legal justification ki kami thi.
Aakhri Baat
XRP ki legal clarity ke bare mein yeh bayan ek important development hai crypto industry mein. Abhi bhi case ka outcome clear nahi hai, lekin XRP ke supporters ke liye yeh ek positive sign hai.#crptonews

SHIBA Inu is currently at its peak and showing strong momentum. 📈 This could be a great sign for investors, and I believe it's an opportunity you don't want to miss! 💰
Now might be the perfect time to get involved before it hits even higher levels. 🌕 Don’t let this chance pass by—consider investing in SHIBA today and watch your portfolio grow!
Follow me for more updates and insights on the crypto market! 💹 Let's ride the wave together!
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In the face of relentless market volatility, Shiba Inu (SHIB) has continued to demonstrate impressive resilience, maintaining its position above the critical support level of $0.00002045. While other altcoins have faced significant swings, SHIB has emerged as a symbol of stability and bullish potential. 🐾📈

Key Highlights

Strong Support: The $0.00002045 level has proven to be a vital support, showcasing solid buying interest.

Market Sentiment Shift: Bulls are taking control, indicating a potential rally ahead.

Resilience Amid Turbulence: Despite market-wide corrections, SHIB has consistently stayed above this key threshold, solidifying confidence among investors.

What Makes $0.00002045 Crucial?

This price point has become more than just a technical level. It represents:

1. Investor Confidence: Buyers are committed to accumulating SHIB at this price, even in uncertain conditions.

2. Bullish Foundations: Stability here suggests that the token's upward momentum is not a fluke but built on solid ground.

Bullish Breakout on the Horizon?

SHIB’s steady performance indicates that a breakout could be imminent. If the token holds above $0.00002045:

The next target could be the $0.00002631 resistance level.

A sustained rally may push SHIB to new highs, rewarding long-term holders.

However, if the support level falters, SHIB may test lower zones like $0.00001272, presenting opportunities for accumulation.

Why This Matters

Shiba Inu’s persistence is not just technical; it’s emotional. It showcases the trust and commitment of its community. This “meme coin” is proving it has the potential to evolve into a serious player in the crypto market. 🔥🐶

Final Thoughts

With SHIB holding its ground, 2024 could be a turning point for this altcoin. Whether you're a trader or a HODLer, keep an eye on these critical levels!

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#CrptoNews #MarketVolatility #BullishBreakout