#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.