🔥ATTENTION🔥
🇺🇸 The U.S. declared July 14 to 18 as the Week of #Criptomonedas
💥Three KEY laws are being debated:
▫️CLARITY Act
▫️GENIUS Act
▫️ANTI-CBDC Act
What are the features of these acts and how will they IMPACT #
$BTC n and #crypto⁉️
📘CLARITY defines what crypto is a "commodity" and what is a "security," and provides a clear legal framework for the industry.
▪️This gives legal certainty to exchanges, projects, and users.
▪️It could mark the END of regulatory chaos.
🚫ANTI-CBDC prohibits the U.S. from launching a state digital currency.
▪️Privacy over surveillance.
▪️#Crypto is the OPPOSITE of what CBDCs propose and their extreme centralization.
💵GENIUS Act regulates #stablecoins and could be the most impactful act.
▪️The Director of Digital Assets claims that #BTC and #cripto could easily reach $15-20 TRILLION if GENIUS is approved.
▪️With only $5T in BTC, the price would be $238,000.
👉Stablecoins are the most used product of #blockchain:
▪️$250B of stablecoins in circulation
▪️Interest from $JPM $V $AMZN and $WMT
▪️Massive revenues for issuers
▪️Additionally, they benefit the U.S. government itself.
▪️Strengthen the dominance of the dollar
▪️Stablecoins are the 12th largest holder of Treasury bonds
👀The GROWTH of the stablecoin industry STRENGTHENS the DOLLAR'S DOMINANCE. For this reason, the U.S. is focusing so much on growing the industry #cripto