Crypto De Nostradame
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Bullish
Three consecutive bills for cryptocurrencies from the US! A new term begins.
The US House of Representatives has passed the GENIUS, CLARITY, and Anti-CBDC bills, which will shape the crypto market. GENIUS is being submitted for Trump's signature, while the other bills will be debated in the Senate.
The US House of Representatives has officially passed three major bills regulating the cryptocurrency market. Of these bills, GENIUS has been sent to Donald Trump for signature, while the CLARITY and Anti-CBDC bills will also be debated in the Senate.
US President Donald Trump is known to place great importance on these bills. Trump recently stated that the bills will put the US light years ahead of other countries in the crypto space. Meanwhile, industry professionals believe they will mark a turning point for the cryptocurrency market. Matt Hougan, CEO of investment firm Bitwise, described this development as "the genie is out of the bottle."
With GENIUS, concerns about stablecoins similar to those surrounding Terra Luna are expected to diminish, and institutional investment is expected to increase. The White House expects the crypto sector to reach a size of $15 to $20 trillion in the coming years, particularly with the contributions of GENIUS.
CLARITY, on the other hand, will reduce the risk of SEC lawsuits, particularly for altcoin projects. It will make it more predictable which tokens will be tradable. This will help dispel the perception that issuing tokens in the US is risky.
The anti-CBDC bill will also create more room for the private sector. It will also prevent individuals from being at risk of surveillance through a digital currency issued by the Fed. Banning CBDC also means cryptocurrencies will be freed from a potential CBDC hegemony.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
❤️ Don't forget to follow me for developments. @Crypto De Nostradame
$BTC $ETH $BNB
#CryptoMarket4T #GENIUSAct #AltcoinBreakout
The US House of Representatives has passed the GENIUS, CLARITY, and Anti-CBDC bills, which will shape the crypto market. GENIUS is being submitted for Trump's signature, while the other bills will be debated in the Senate.
The US House of Representatives has officially passed three major bills regulating the cryptocurrency market. Of these bills, GENIUS has been sent to Donald Trump for signature, while the CLARITY and Anti-CBDC bills will also be debated in the Senate.
US President Donald Trump is known to place great importance on these bills. Trump recently stated that the bills will put the US light years ahead of other countries in the crypto space. Meanwhile, industry professionals believe they will mark a turning point for the cryptocurrency market. Matt Hougan, CEO of investment firm Bitwise, described this development as "the genie is out of the bottle."
With GENIUS, concerns about stablecoins similar to those surrounding Terra Luna are expected to diminish, and institutional investment is expected to increase. The White House expects the crypto sector to reach a size of $15 to $20 trillion in the coming years, particularly with the contributions of GENIUS.
CLARITY, on the other hand, will reduce the risk of SEC lawsuits, particularly for altcoin projects. It will make it more predictable which tokens will be tradable. This will help dispel the perception that issuing tokens in the US is risky.
The anti-CBDC bill will also create more room for the private sector. It will also prevent individuals from being at risk of surveillance through a digital currency issued by the Fed. Banning CBDC also means cryptocurrencies will be freed from a potential CBDC hegemony.
⚠️ Note: My posts are not investment advice. There may be errors due to translation. Please do your own review. You can also write your thoughts in the comments section.
❤️ Don't forget to follow me for developments. @Crypto De Nostradame
$BTC $ETH $BNB
#CryptoMarket4T #GENIUSAct #AltcoinBreakout
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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