The U.S. House of Representatives has pushed through three cryptocurrency bills. What impact will this have on the wallets of ordinary people? You’ll know after reading this!
The CLARITY Act issues identification cards to $BTC and $ETH , which will be regulated by the CFTC. Managed projects will temporarily fall under the SEC’s jurisdiction, but as long as they can prove sufficient decentralization, they can graduate to a more lenient environment. The GENIUS Act requires stablecoins to be backed 1:1 by U.S. dollars or Treasury bonds, while algorithmic stablecoins are directly banned for two years. This essentially provides insurance for USDT and C, but to earn interest, one will still need to engage in DeFi activities. The anti-CBDC Act blocks the Federal Reserve from issuing digital yuan.
The market reaction to the bill's passage is that the rules are now clear, which leads to a surge in the crypto space, as institutional funds are willing to enter and grab tokens. In the short term, this is a positive signal, but in the long term, we need to look at the execution details and global competition. If you want to chase the surge, you can position yourself with some strong coins. Recently, you can pay more attention to $SOL , XRP, UNI, DOGE. Personally, I have already listed my entry points and strategies. If you want to keep up, just call me. Let’s ride this big bull together in freedom.
