Breaking :
On June 7, 2025, the U.S. Senate passed the "Guiding and Establishing National Innovation for U.S. Stablecoins of 2025" (GENIUS Act), marking a significant milestone in cryptocurrency regulation. This bipartisan legislation aims to provide a clear regulatory framework for stablecoins, digital currencies pegged to traditional assets like the U.S. dollar. The bill mandates that stablecoins be backed by liquid assets, such as U.S. dollars and Treasury bills, to enhance their legitimacy and stability. This move is expected to increase demand for U.S. government debt, potentially benefiting the broader financial market .
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