United Crypto Association to Push for the Passage of the Stablecoin Bill in the US
Leaders from the Blockchain Association, Crypto Council for Innovation, Digital Chamber, and DeFi Education Fund have united to urge the passage of the Genius Bill, which regulates stablecoin in the United States (US).
"The GENIUS Act is an important law aimed at creating a clear and effective regulatory framework for stablecoins. We respectfully urge lawmakers to remain committed to its primary objectives," they wrote in their official report.
In the report, those representing crypto groups in Washington hope that the bill's main objectives can be achieved. It is known that the purpose of this bill is to provide a targeted and comprehensive approach to the oversight of stablecoins.
For your information, the mentioned leaders include Blockchain Association CEO Summer Mersinger, Crypto Council for Innovation President & Acting CEO Ji Kim, DeFi Education Fund CLO Amanda Tuminelli, and The Digital Chamber CEO Cody Carbone.
