June 12 Morning Cryptocurrency Financial News Summary:

U.S. Treasury Secretary Yellen reiterated that if stablecoins are backed by the U.S. dollar or U.S. Treasury bonds, it could further solidify the dollar's dominant position in the global payment and reserve system, emphasizing that the regulatory framework must ensure their compliance and stability. This statement resonates with the "GENIUS Act," which will have a significant impact on the international status of the dollar and the stablecoin market structure.

Recent developments in the cryptocurrency space are also worth noting. On June 10, the U.S. Congress reviewed legislation regarding the structure of the crypto market and the regulation of stablecoins. The legislative progress of the "21st Century Financial Innovation and Technology Act" has attracted attention; if passed, it would mark an important step for the U.S. cryptocurrency industry in terms of compliance regulation. Additionally, on June 16, Lido will officially discontinue its liquid staking services on the Polygon network, and this strategic adjustment will have far-reaching effects on the Polygon ecosystem. #热门文章