#加密立法新纪元 The United States' "Cryptocurrency Week" passed three legislative measures, marking the substantial establishment of a cryptocurrency regulatory framework and ushering in a new era of global cryptocurrency legislation, profoundly influencing the direction of the industry.

"Guidance and Establishment of the National Innovation Act for Stablecoins in the United States"

("Genius Act"), requires stablecoin issuers to obtain federal or state-level licenses, holding cash, bank deposits, or short-term U.S. Treasury bonds in a 1:1 ratio as reserves, enhancing the security of funds, incorporating digital assets into the U.S. sovereign credit system, consolidating the dollar's hegemony in the digital age, creating demand for U.S. debt, and helping to resolve the debt crisis.