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$SOL The U.S. Senate is gearing up to vote on groundbreaking legislation that could establish federal regulations for stablecoin issuers, marking a significant milestone in crypto regulation. This would be the first time the Senate considers a major cryptocurrency bill. Senate Majority Leader John Thune, a Republican from South Dakota, has initiated efforts to fast-track the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. This bill is the Senate's counterpart to similar legislation advancing in the House of Representatives. Thune’s move aims to minimize delays and expedite the process, though the exact date for the Senate vote remains uncertain. Notably, the Senate Banking Committee had already approved the bill with a strong bipartisan vote of 18-6, and the House Financial Services Committee advanced its version in April. “I look forward to passing the GENIUS Act in short order to keep digital asset innovation in America, protect customers, and ensure foreign companies play by the same rules,” said Senator Bill Hagerty, the Tennessee Republican who authored the bill. The legislation also has the support of Senator Tim Scott, chairman of the Senate Banking Committee. BTCUSDT Perp 94,154.3 -1.29%
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#USStablecoinBill The U.S. Senate is gearing up to vote on groundbreaking legislation that could establish federal regulations for stablecoin issuers, marking a significant milestone in crypto regulation. This would be the first time the Senate considers a major cryptocurrency bill. Senate Majority Leader John Thune, a Republican from South Dakota, has initiated efforts to fast-track the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS) Act. This bill is the Senate's counterpart to similar legislation advancing in the House of Representatives. Thune’s move aims to minimize delays and expedite the process, though the exact date for the Senate vote remains uncertain. Notably, the Senate Banking Committee had already approved the bill with a strong bipartisan vote of 18-6, and the House Financial Services Committee advanced its version in April. “I look forward to passing the GENIUS Act in short order to keep digital asset innovation in America, protect customers, and ensure foreign companies play by the same rules,” said Senator Bill Hagerty, the Tennessee Republican who authored the bill. The legislation also has the support of Senator Tim Scott, chairman of the Senate Banking Committee. BTCUSDT Perp 94,154.3 -1.29% Bo Hines, executive director of the Presidential Council of Advisers for Digital Assets and a key figure in former President Donald Trump’s crypto initiatives, told CoinDesk that the Senate and House bills are approximately 90% aligned. Lawmakers are now working to reconcile the remaining differences. Hagerty announced plans to introduce an updated version of the bill, signaling progress toward finalizing the legislation. If passed, the GENIUS Act could solidify the U.S. as a leader in digital asset innovation while ensuring consumer protection and regulatory fairness. $BTC $ETH $XRP
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#MarketPullback Long Liquidation Alert! $1.68K in longs liquidated at $1794.58 – Pressure from bears is rising! What’s Next for Ethereum (ETH)? This drop could lead to a deeper dip, but watch for a recovery if bulls step in fast. Buy Zone: $1770 – $1795 Target 1: $1835 Target 2: $1870 Stop Loss: $1750 The liquidation shows weakness, but strong support lies nearby. A bounce could follow if demand kicks in. Wait for confirmation before entry. Not financial advice – always do your own #MarketPullback $ETH
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$USDC Achieving global expansion combined with inflation defeat came from using crypto technologies from my base in Tanzania. Based in Tanzania as a digital content creator I encountered critical obstacles when trying to receive payment from international clients. The traditional payment systems operated at a slow pace while being highly expensive and unreliable. My life changed fundamentally after I became acquainted with cryptocurrency. The USDT payments I receive today grant me instant processing along with complete convenience. No delays, no hidden fees. I managed to connect my money system with the worldwide marketplace. The protection of my earnings from inflation and currency depreciation depends on my stablecoin savings strategies which include USDC. My life became more stable because of crypto investments which provide security while I support my children financially. My life has gained true empowerment through both my professional success and financial growth due to crypto. The technology serves both survival and growth needs of its users. I share my knowledge about the subject to numerous people in my environment. African development rises through monetary contributions which each person stores in their cryptocurrency wallet.
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#EUPrivacyCoinBan But don’t worry — for those still dreaming of privacy, there are still the classic methods: cash under the mattress or crypto swaps at the local market with a grandma selling pies. Just don’t forget the receipt!
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