#GENIUSActPass BinanceCommunity StablecoinRegulation DigitalAssetInnovation
The value of Bitcoin rose above $120,000 for the first time, climbing by more than 10% in the past week. The rally comes as America’s Congress considers three crypto-friendly bills, including the genius Act, which would make it easier for companies to issue stablecoins. French Hill, the Republican chair of the House Committee on Financial Services, dubbed the legislative agenda “crypto week”.
The more is yet to come to facilitate and easing crypto market regulations