#DigitalAssetBill

Republicans in the U.S. Congress are actively promoting legislation aimed at regulating digital assets. Among them is the GENIUS Act, which proposes a dual system for regulating stablecoins: at the federal and state levels. This could simplify the issuance of digital currencies, but raises concerns among Democrats about the potential influence of large technology companies.

Meanwhile, President Trump signed an order banning the creation of a digital dollar and initiating the establishment of a strategic reserve of cryptocurrencies, including Bitcoin, Ethereum, and others. This move is seen as an attempt to strengthen the U.S. position in the global crypto economy.

However, the involvement of the Trump family in launching their own stablecoin USD1 raises questions about potential conflicts of interest and influence on the legislative process.

Overall, Republicans are aiming to create a favorable environment for the development of cryptocurrencies, but questions remain about transparency and potential risks.