A New Era of Cryptocurrency Legislation: The total market value of cryptocurrency assets has surpassed $4 trillion for the first time, driven by rising token prices and U.S. legislation promoting industry regulation.

On Thursday, the U.S. Congress passed the first federal legislation regulating stablecoins. The bill, supported by Republicans and U.S. President Trump, allows tokens pegged to the dollar, which can circulate across platforms, to be regulated by federal or state governments, aiming to legalize this $265 billion market. Citigroup analysts estimate that the market could grow to $3.7 trillion by 2030. $SUI