based on materials from the site - By Coinwy
The GENIUS Act in the USA and the MiCA Act in the EU are gaining momentum, affecting the cross-border flow of digital currencies. Clear rules have been established for stablecoin issuers aimed at ensuring accessibility and compliance. Key figures, such as U.S. Treasury Secretary Scott Bessent, have emphasized that these assets are equivalent to cash, while major banks and companies like Circle and Stripe are actively participating in this movement. The changing landscape has immediately impacted monetary systems and market participants. For example, European exchanges have excluded USDT from listing due to non-compliance. The regulatory framework creates new challenges and opportunities for the financial system. This transition represents both growth potential and risk factors for market participants. Historically, regulatory changes following events such as Terra/LUNA have redefined the sector, leading to systemic changes, including transparency requirements for stablecoin issuers. Recent emphasis may pave the way for more advanced technological solutions and protection against systemic risks faced by cryptocurrency companies. "By strengthening the supremacy of the dollar, compliant stablecoins are now considered equivalents to cash." — Scott Bessent, U.S. Treasury Secretary
$BTC , $TON , $SUI
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