#AltcoinBreakout
The U.S. House of Representatives has taken a historic step in the field of cryptocurrencies. Yesterday, it passed three bills: the "Clarity Act," the "GENIUS Act," and the "State Surveillance Act to Combat Central Bank Digital Currencies," which were presented to President Donald Trump for his signature.
Treasury Advisor Joe Laforgna stated that these laws would enhance America's leadership in global innovation.
Laforgna stated, in response to questions from Cheryl Casone on Fox Business, that the new regulations represent a turning point not only for digital assets but for the American economy as a whole. She added: "These laws not only clarify digital assets but also strengthen the position of the U.S. dollar as a reserve currency." She continued: "Demand for U.S. Treasury bonds will increase thanks to cryptocurrencies.