A super exciting news has come to the crypto world!!!

Family, a super exciting news has come to the crypto world! According to the latest revelations from Politico, John Thune, the majority leader of the U.S. Senate, disclosed at a secret gathering that the 'Smart Act' will be reviewed before May 26. This bill passed the Senate Banking Committee's review back in March and is gaining strong momentum! The core of the 'Smart Act' is regulation, allowing only 'licensed issuers' to engage in the realm of payment stablecoins. These stablecoins are pegged to fiat currencies such as the U.S. dollar, with popular currencies like USDT and USDC actively trading in the digital currency space, raising speculation about their future. Currently, the House has also introduced a corresponding bill, the 'Stability Act.' Once implemented, it will bring about dramatic changes to the issuance and trading rules of stablecoins, profoundly impacting the entire cryptocurrency market. This is not only related to investors' wallets but could also alter the landscape of the global financial market. The Senate's move has heightened expectations for the regulatory prospects of stablecoins. Will it bring more regulations to the market, or will it stifle innovation? Let's wait and see.