#StablecoinLaw **#StablecoinLaw** is in full swing as several countries —especially the United States, Argentina, and Venezuela— are advancing with specific legal frameworks to regulate *stablecoins*, those cryptocurrencies that maintain parity with currencies like the dollar.

Here’s a summary of the most relevant points:

### 🇺🇸 United States: GENIUS Act

- **Approved by Congress and signed by Trump** on July 18, 2025.

- Requires that stablecoins be backed 1:1 by liquid assets (such as dollars or Treasury bonds).

- **Monthly audits** and total transparency in reserves.

- Prohibits regulated stablecoins from offering interest, which could divert capital towards DeFi.

- A state digital dollar (CBDC) is banned, favoring private stablecoins.

- Companies like Amazon or JPMorgan could issue their own stablecoins under this framework.

### 🇦🇷 Argentina: Law 27.739 and CNV resolutions

- Introduces the figure of **Virtual Asset Service Provider (VASP)**.

- Requires **registration, cybersecurity, custody, and anti-money laundering** measures.

- Allows for the **tokenization of financial instruments**.

- Stablecoins are used as a refuge against inflation and devaluation of the peso.

### 🇻🇪 Venezuela: Stablecoin Regulation Law

- Recently approved, seeks **legal clarity and user protection**.

- Encourages mass adoption and responsible innovation.

- Positions the country as a pioneer in the region for digital asset regulation.