๐บ๐ธ New: Senator Cynthia Lummis confirms the existence of "enthusiasm from the White House" to pass crypto laws like the GENIUS Act!
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๐ฃ๏ธ Statement:
U.S. Senator Cynthia Lummis stated that there is "clear enthusiasm within the White House" for passing legislation related to digital currencies, most notably the GENIUS Act.
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๐๏ธ What is the GENIUS Act?
โ A bill aimed at clearly regulating digital and stable assets
โ Supports innovation and provides a legal framework to protect investors and businesses
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๐ What is the importance of White House support?
โ It is a significant political step that could accelerate crypto adoption within official frameworks
โ Enhances the chances of passing the law in both the House of Representatives and the Senate
โ Provides a significant boost of confidence to markets and investors
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โDo you think passing the GENIUS Act will change the crypto landscape in America?
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