$SOL $SOL The U.S. is moving closer to regulating stableco | Kashif Ali Mirani on Binance Square

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$SOL $SOL The U.S. is moving closer to regulating stablecoins with a new bipartisan proposal: the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins). This bill could reshape the future of digital finance by creating the first federal framework for stablecoin regulation.
Here’s what the bill promises:

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$BTC According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims to the company's profits or assets.

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#USHouseMarketStructureDraft According to Odaily, a new draft discussion on market structure from the U.S. House of Representatives aims to clarify the classification of digital commodity transactions. As reported by Forbes journalist Eleanor Terrett, the draft specifies on page 49 that transactions involving the sale of digital commodities do not constitute securities, provided they do not grant the purchaser ownership rights in the issuer's business, profits, or assets. In essence, buying and selling digital commodities on the secondary market, rather than directly from the issuer, will not automatically trigger U.S. securities laws unless the sale confers ownership or claims to the company's profits or assets.

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$SOL $SOL The U.S. is moving closer to regulating stablecoins with a new bipartisan proposal: the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins). This bill could reshape the future of digital finance by creating the first federal framework for stablecoin regulation. Here’s what the bill promises:

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#USStablecoinBill The U.S. is moving closer to regulating stablecoins with a new bipartisan proposal: the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins). This bill could reshape the future of digital finance by creating the first federal framework for stablecoin regulation. Here’s what the bill promises

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