#美国加密立法

The stablecoin establishes a federal regulatory framework. Previously, Democrats had blocked its advancement on May 8 due to concerns that the bill could allow former President Trump and his family to profit from cryptocurrency projects. To reach a consensus, the bill has removed provisions targeting the Trump family.

Background and Controversy

• Purpose of the Bill: The GENIUS Act aims to establish a federal regulatory framework for stablecoins, ensuring their safety and stability while promoting innovation.

• Democratic Concerns: Democrats had worried that the bill could enable Trump and his family to profit from cryptocurrency projects.