#加密立法新纪元

Local time on July 17, the U.S. House of Representatives passed three cryptocurrency bills by an overwhelming majority, marking the official entry of the world's largest economy into the "Era of Cryptocurrency Regulation." This legislative storm not only reshapes the financial landscape of the United States but may also trigger a chain reaction in global digital asset regulation —

🔥 Core of the Bill: Stablecoins, Regulatory Authority, Digital Dollar in "Three-legged Race"

1️⃣ "Genius Bill": The "ID card" and "tightening spell" for stablecoins

• Issuers must hold a banking/payment license, reserve 1:1 USD or U.S. Treasury bonds, and disclose asset details monthly;

• Stablecoins are defined as "payment tools" rather than securities, clearing compliance hurdles;

• Compliant stablecoin issuers are expected to become the third largest buyers of U.S. Treasury bonds, with annual demand potentially reaching $2 trillion.