Today, all the news is about the U.S. House of Representatives passing three major cryptocurrency bills by a large majority. Many friends have privately asked me what these bills are and why global investors are so concerned. Why does everyone believe that once the bills are passed, related cryptocurrency stocks will rise? Are these bills encouraging everyone to buy these stocks? Why does everyone seem so crazy?
Actually, these three bills have little direct relation to stocks. Let's first understand what these things are, and then combine that with our own understanding and judgment to look for opportunities. Don’t act blindly with only partial knowledge, or you will end up losing everything.
The first bill: (Guiding and Establishing the U.S. Stablecoin National Innovation Act)
Because the first letters of these words spell out GENIUS, it is also called the Genius Act, not something dreamed up by crypto geniuses. The core of this bill is to establish a complete regulatory system for stablecoins from a legal perspective, including qualifications for stablecoin issuers, reserve audits, and fund usage, etc. In simple terms, it means that in the future, stablecoins will have a complete regulatory framework, supported by the U.S. government.
The second bill: (2025 Digital Asset Market Clarity Act)
This bill is also known as the Clarity Act, which simply clarifies who regulates digital assets. You can understand that many mature cryptocurrencies will no longer be overseen by the SEC, but by the CFTC. The SEC used to meddle a lot and created many obstacles, but it will be much better in the future.
But the three bills: (Anti-CBDC Surveillance State Act)
This is easier to understand, as it prohibits the Federal Reserve or the Treasury from issuing government-backed CBDC stablecoins. They believe that issuing CBDCs infringes on the privacy and financial autonomy of Americans, so legislation is introduced to prohibit it.
After understanding the contents of the three bills, let's digest what impact these contents will have.
The biggest benefit is stablecoins.
A complete regulatory mechanism is being established, combined with the prohibition of CBDCs, which is a definite boon for the development of private sector stablecoins (e.g., Circle, Coinbase).
Think about it, stablecoins like these, before legislation, no matter how much you brag, these stablecoin issuers could still misbehave. What if they took your money and invested it in Evergrande? This legislation completely eliminates that concern, and major legitimate institutions, pension funds, and sovereign institutions will confidently and boldly invest. Isn't that a benefit?
The second benefit is cryptocurrencies and innovative applications (BTC, ETH, HOOD, etc.).
From an institutional perspective, it has opened up an era of mass innovation in U.S. cryptocurrencies. In the future, there will be fewer obstacles around the play with cryptocurrencies, and more innovations. Companies like HOOD, which know how to play the game, won't need to run to Europe for press conferences; they can shine in the U.S. Is that not a big opportunity?
In the future, with the joining of Central Europe, the cryptocurrency sector will reshape the global financial system and become an important tool and medium for global financial activities.
You should not be an outsider to this change.
The market is starting, and profits are doubling! Follow Cheng Ge to act accordingly, and wealth will naturally come.
Continue to pay attention: C, EPIC