Trump Supports the GENIUS Act, Emphasizing America's Leadership in Digital Assets

Trump stated that "Digital assets are the future - America will lead," urging for the swift passage of the GENIUS Act. On June 17, the U.S. Senate passed the bill aimed at establishing a regulatory framework for stablecoin issuance, clarifying key provisions such as reserve asset categories. Trump hopes the House of Representatives will quickly follow suit to help the U.S. seize a leading position in the digital asset space.

Chinese E-commerce Companies Expand Global Stablecoin Licenses, Accelerating Cross-border Payment Innovation

Chinese e-commerce companies are actively expanding their global stablecoin licenses. A company under JD.com has participated in Hong Kong's "Stablecoin Sandbox" testing; Ant International and Ant Digital Technology both plan to apply for Hong Kong stablecoin licenses; and "Yizhifu" under the Small Commodity City will also actively apply once regulations are clarified. These moves are expected to enhance the efficiency of cross-border payments and reshape the industry landscape. #以色列伊朗冲突 #GENIUS稳定币法案