$BTC Cryptocurrencies, as a type of digital asset, have no intrinsic value; their core value comes from the proof-of-work (PoW) and the consensus mechanism formed between digital asset holders. Since Trump took office, he has threatened to raise tariffs on other countries, which may have a certain negative impact on the existing global consensus mechanism. Even if the United States legislates to include digital assets in its strategic reserves, whether this can enhance the consensus on cryptocurrencies among financial institutions and individuals remains to be seen.
The official name of the #美国加密立法 bill is 'The Guiding and Establishing a National Stablecoin Innovation Act of the United States' (hereinafter referred to as the 'GENIUS Act'), which will regulate U.S. stablecoin issuers at the federal level. The 'stablecoin' in the bill refers to a type of cryptocurrency that is pegged to stable assets (such as the U.S. dollar, gold, etc.) to reduce price volatility and provide a stable store of value and medium of exchange. The most well-known stablecoins are USDT and USDC, both pegged to the U.S. dollar at a 1:1 ratio, together accounting for about 90% of the global stablecoin market value. The current members of the U.S. Senate Banking Committee include 13 Republicans and 10 Democrats. In addition to all Republican members, five Democratic members also voted in support of the bill, reflecting a certain degree of consensus between the two parties on cryptocurrency legislation.
This is Xie Lou, San Shang You Ya Deliberately issuing coins in the middle of the night The big players in front have run away We retail investors can’t sell what we don’t have liquidity for
Sending 2 Sol and getting back around 170 U I will never participate in the Japanese IP market again I was deceived by Fujiwara Hiroshi once with NFT and now again I really don’t learn my lesson…. #mikami