#StablecoinLaw
🎯 Main Objective:
Protecting users and preventing digital financial crises. Stablecoins are widely used, but without clear regulations… they could turn into a ticking time bomb! 💣
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What are the key points of the law?
1. ✅ Licensing of issuers: Any entity issuing a stablecoin must obtain approval from regulatory authorities (such as the central bank).
2. 🏦 100% Guarantees: Every stablecoin must be fully backed by real cash assets, not empty promises.
3. 👀 Strict monitoring: Regulatory authorities monitor transactions to prevent money laundering and terrorism financing.
4. 🌐 Federal and local coordination: Allows states and some independent entities to regulate the market, but in coordination with the federal government.
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Why all this emphasis?
Because some stablecoins (like TerraUSD) collapsed and cost investors billions 💔. The law aims to avoid similar disasters.
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📊 Potential impact:
Large companies may enter the market with confidence (like PayPal and Visa).
We might see similar global regulation if successful.
Investors and users will have stronger protection.
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In summary:
Law #StablecoinLaw is a significant step towards regulating digital currencies safely and transparently. If passed, it could completely change the future of digital finance 🚀.