🚀 The US is getting closer to a legal framework for stablecoin!
Senator Tim Scott, Chairman of the U.S. Senate Banking Committee, praised the passage of the GENIUS Act as a "significant step that has been delayed too long" in affirming the U.S. leadership role in the digital asset space.
He emphasized the spirit of bipartisan cooperation, as many Democratic lawmakers returned to the negotiating table and supported the bill.
👀 The GENIUS Act will lay the foundation for a system:
👉🏿 Promoting innovation
👉🏿 Protecting consumers
👉🏿 Strengthening national security
Stablecoin is officially entering the legal arena in the U.S.!
