$44.4 million dollars crypto hacked from Indian exchange Coi | Cointraker on Binance Square

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$44.4 million dollars crypto hacked from Indian exchange Coindcx.#PowellVsTrump 

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#StablecoinLaw US President Donald Trump has signed a law to create a regulatory regime for US-dollar-based stablecoins. This could see the cryptocurrency coming into regular use. President Donald Trump signed a law to create a regulatory framework for stablecoins. This could create a way for the US-dollar-based cryptocurrencies to come into regular use for making payments and moving money. The bill, also known as the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins), passed in the House of Representatives by a vote of 308 to 122 after being approved by the Senate earlier. "The GENIUS Act, they named it after me," Trump said at the bill-signing ceremony at the White House, where a few government officials, lawmakers, and crypto industry leaders were present. This law is a huge victory for the crypto industry and its supporters. They have pushed for such a legislation for a long time, to legitimize the use of cryptocurrencies and make banks, retailers and consumers more willing to use them. The industry donated more than $245 million (€210 million) in last year's elections to boost pro-crypto candidates such as Trump. Stablecoins are designed to maintain a constant value, typically at a 1:1 peg to the US dollar. The GENIUS law requires them to be backed by liquid assets. According to CoinGecko, the stablecoin market is valued at more than $260 billion (€223 billion). Under the new law, Standard Chartered bank says it could grow to $2 trillion by 2028. #GENIUSAct

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Altcoins are about go to the moon.

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Altcoins season is coming soon. According to Coin market cap Altcoins Index 54/100. #GENIUSAct

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Dia has made 106.03% in the last one month. Time to Dia, it can explode. #AltcoinBreakout

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Shiba inu almost exhausted due to volatile market. #StrategyBTCPurchase

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