WHAT'S HAPPENING IN THE US WITH CRYPTOCURRENCIES ❓❓❓
Approval of cryptocurrency ETFs: Bloomberg analysts estimate that there is over a 90% probability that the SEC will approve new cryptocurrency ETFs like Solana, XRP, and Dogecoin. This would mark a significant shift in regulatory stance.
- GENIUS Act for stablecoins: The Senate approved the GENIUS Act, which regulates stablecoins (cryptos linked to the dollar). It requires backing by liquid assets and audits, which could increase trust in these currencies.
- Ohio becomes crypto-friendly: This state passed a law that exempts cryptocurrency payments under 200 USD from taxes. It also protects self-custody and mining without special licenses.
- Crackdown on fraud: The government recovered 225 million dollars stolen in a scam involving Tether (USDT), following an investigation that traced the funds to the Philippines.
