A New Era of Cryptocurrency Legislation The total market value of crypto assets has surpassed $4 trillion for the first time, driven by rising tokens and U.S. legislation pushing for industry regulation.
The U.S. Congress passed the first federal legislation regulating stablecoins on Thursday. The bill, supported by Republicans and U.S. President Trump, aims to legalize the $265 billion market for tokens pegged to the dollar that can circulate across platforms and are regulated by federal or state governments. Citigroup analysts expect the market to grow to $3.7 trillion by 2030.
