Latest Update:
Famous XRP lawyer John Deaton has issued a warning that if the U.S. Stablecoin Act does not pass, clarity in digital currency regulation may be delayed until 2029.
Key Issues:
1. Current Status of the Bill
Currently under review in the Senate
Contains consumer protection provisions
Aims to establish a regulatory framework for stablecoins
2. Opposition Resistance
Some lawmakers have reservations
Traditional financial institutions are applying pressure
There are significant divisions in regulatory stance
3. Potential Impact
Innovative companies may relocate
Market uncertainty continues
Industry development may be hindered
Statements from Various Parties:
Industry Representatives: Institutions like Coinbase urge for prompt legislation
Government Officials: Senator Hagerty warns of talent loss risks
Expert Opinions: Deaton believes the bill has basic consensus
Market Impact:
XRP is currently priced at $2.3795 (+1.16%)
The progress of the bill will be a key factor in short-term price fluctuations.
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