SHOCKING NEWS FOR THE FINANCIAL WORLD!
In an unexpected turn, Donald Trump has ensured that the stablecoin law will be approved today in the United States Congress. This news comes after an initial blockade by his own party, adding a touch of drama to the situation. Trump's direct intervention was key to unlocking the progress of the GENIUS Bill, an initiative that seeks to position the United States as a leader in the global financial arena, against powers like China and Europe.
It is noteworthy that the regulation had previously been stalled by a group of 12 Republicans, who expressed concerns about the creation of a possible Central Bank Digital Currency (CBDC) and demanded a unified legislative package. However, it seems that those objections have been overcome, clearing the way for the approval of this crucial law.