#山寨币突破 US President Trump officially signed the "Guidance and Establishment of the American Stablecoin National Innovation Act," also known as the "Genius Act," at the White House, marking the first time in history that federal legislation on cryptocurrency regulation has officially taken effect.
The act establishes stricter requirements for the regulatory standards of stablecoins: issuers must maintain a 1:1 reserve support with liquid assets such as US dollars and short-term government bonds, and publicly disclose the composition of reserves on a monthly basis. From now on, stablecoins are no longer experimental items in a gray area, but are written into US law and backed by the government as "official currency instruments."