#StablecoinLaw #StablecoinLaw Update 🏛️💵
Governments worldwide are moving fast on stable coin regulation to ensure financial stability, transparency, and consumer protection. 🌐
📜 The new #StablecoinLaw proposals aim to:
Require issuers to hold 1:1 reserves in high-quality liquid assets.
Impose licensing and audit requirements.
Enhance AML/CFT compliance standards.
Clarify roles for central banks and regulators.
🇺🇸 In the U.S., the push for bipartisan support continues, while 🇪🇺 the MiCA framework already lays out strict stablecoin rules.
🌍 Global coordination is key as stable coins play a bigger role in payments and DeFi.
Stay tuned — the legal foundation of crypto is being written now. ⚖️