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Breaking News: Crypto advocate Paul Atkins was officially sworn in today as the 34th Chairman of the SEC. He is known as a supporter of
Bitcoin
and digital assets, and this shift is seen as a positive step for the crypto market.
#CryptoNewss
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President Trump Signs First Major U.S. Law on Digital Currencies: U.S. President Donald Trump has signed the first major legislation on digital currencies or cryptocurrencies, turning it into law. This legislation will now enable people to directly transfer money to one another using online systems. Mr. Trump signed the bill—called the “Genius Act”—on Friday during a gathering at the White House, which was attended by several Republican lawmakers and leading figures from the digital industry who support the bill. The official name of this legislation is “National Guideline for Innovation in U.S. Digital Currency,” but it is popularly known by its acronym GENIUS. While signing the bill, Mr. Trump told attendees: > “This afternoon, we are taking a major step that will further strengthen America’s leadership in global crypto technology and finance.” He added: “The GENIUS Act establishes a simple and clear legal framework that paves the way for the growth of stablecoins backed by the U.S. dollar. This could be the most significant revolution in financial technology since the creation of the internet.” Stablecoins are a type of digital currency specifically designed to have a more stable value compared to other cryptocurrencies like Bitcoin, which can fluctuate wildly. Dollar-backed stablecoins, also known as digital dollars, are pegged to the U.S. dollar, meaning each unit of stablecoin will have a value equivalent to one U.S. dollar. David Six, the White House's top official on digital currencies, stated during Friday’s event: > “For every digital dollar, the user will have a one-dollar guarantee in the U.S. Federal Reserve. Whenever they wish, users will be able to convert digital currencies back into physical U.S. dollars.” Let me know if you'd like this in a formal press release format or simplified version. #CryptoNewss #BTC #StablecoinLaw
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The head of digital assets in the United States says: "The United States is committed to passing legislation for the structure of the crypto market by September." This will establish transparency, trust, and a legal foundation for the crypto sector. Markets are awaiting regulatory clarity — and this step is considered a significant advancement. #crptonews
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The US CPI data will be announced shortly. If the news is positive, it will have a significant impact on the crypto market. Be cautious with your trades. #TradeStories #StaySafeInTheCryptoWorld
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Breaking: Standard Chartered Bank predicts that the price of Binance Coin ($BNB**) will reach $2,775 by 2028. #BNB_Market_Update
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Trump's Latest Remarks Last Night: "I want crypto, because if we don't do it, China will." "During the recent market decline, the crypto market was stronger than stocks — it's very popular!" Trump announced a 100% tariff on foreign films. He also said he wants a fair trade deal with China #CrypoCommunity
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