#加密市场回调 Stablecoin Act In 2025, the United States took significant steps in stablecoin regulation. On March 13, local time, the U.S. Senate Banking Committee passed the "Guidance and Establishment of the U.S. Stablecoin National Innovation Act" (the "GENIUS Act") with a vote of 18 to 6, marking an important beginning for the bill's journey to becoming law. This act will regulate U.S. stablecoin issuers at the federal level. The legislation focuses on payment-type stablecoins, aiming to build a clear regulatory framework that ensures transparency, accountability, and consumer rights, while promoting their standardized application in the digital economy. The bill clearly defines payment-type stablecoins, requiring them to be denominated in national currency, with issuers promising to redeem at a fixed amount, and not being classified as national currency or securities of investment companies. Eligibility for issuance is strictly limited to approved subsidiaries of insured deposit institutions and federally or state-certified non-bank payment-type stablecoin issuers. Issuers must maintain 100% reserve assets, which include U.S. dollar cash, deposits at Federal Reserve Banks, and short-term U.S. Treasury securities. They are required to publish monthly reserve composition reports, which must be audited by an independent accounting firm, with written certification from the CEO and CFO. In terms of custodianship, only financial institutions regulated at the federal or state level may provide services, with client assets prioritized and prohibited from being included in the issuer's balance sheet. Regulatory violations will face suspension of eligibility and cessation orders.
Check out my position distribution. Welcome to follow the Stablecoin Act. In 2025, the United States made significant strides in stablecoin regulation. On March 13, local time, the U.S. Senate Banking Committee passed the "Guidance and Establishment of the U.S. Stablecoin National Innovation Act" (the "GENIUS Act") with a vote of 18 to 6, marking an important beginning for the bill to become law. This bill will regulate U.S. stablecoin issuers at the federal level. The legislation focuses on payment stablecoins, aiming to create a clear regulatory framework to ensure transparency, accountability, and consumer rights, promoting their standardized application in the digital economy. The bill clearly defines payment stablecoins, which must be denominated in national currency, with issuers committing to exchange at a fixed amount, and not classified as national currency or investment company securities. Issuance qualifications are strictly limited to approved insured deposit institution subsidiaries and federally or state-certified non-bank payment stablecoin issuers. Issuers must hold 100% reserve assets, covering U.S. dollar cash, Federal Reserve Bank deposits, short-term U.S. Treasury bills, etc. Monthly reserve composition reports must be published and audited by an independent accounting firm, with written certification from the CEO and CFO. In terms of custody, only federally or state-regulated financial institutions may provide services, with customer assets prioritized and prohibited from being included in the issuer's balance sheet. Regulatory violations will face suspension of qualifications, cease and desist orders, and planning.
The #美国稳定币法案 Digital Currency Act: In 2025, the United States took significant steps in stablecoin regulation. On March 13, local time, the U.S. Senate Banking Committee passed the "Guidance and Establishment of the U.S. Stablecoin National Innovation Act" (the "GENIUS Act") with a vote of 18 to 6, marking an important start for the bill's journey toward becoming law. This act will regulate U.S. stablecoin issuers at the federal level. The legislation focuses on payment stablecoins, aiming to create a clear regulatory framework that ensures transparency, accountability, and consumer rights, and promotes their standardized application in the digital economy. The act clearly defines payment stablecoins, which must be denominated in national currency, with issuers committing to redeem at a fixed amount and not classified as national currency or investment company securities. Eligibility for issuance is strictly limited to approved insurance deposit institution subsidiaries and federally or state-certified non-bank payment stablecoin issuers. Issuers must hold 100% reserve assets, including U.S. dollar cash, Federal Reserve Bank deposits, and short-term U.S. Treasury securities. Monthly reserve composition reports must be published and audited by an independent accounting firm, with written certification from the CEO and CFO. In terms of custody, only financial institutions regulated by federal or state authorities may provide services, with client assets prioritized and prohibited from being included in the issuer's balance sheet. Regulatory violations will face penalties such as suspension of eligibility and cease and desist orders.
What are the key scenarios that can be implemented for AI use cases and applications in different fields such as healthcare, DeFi, gaming, etc.? How can FHE provide necessary conditions for agents such as identity recognition, secure environments, decentralization, verifiable computing, and data protection? In the future world of AgenticWorld with millions of AI entities, what necessary conditions do you think are needed? What core roles does FHE play in that? How do you view the combination of AI and blockchain (collaboration between AI and multi-chain? Consensus mechanisms among agents?), and in which areas will the secure infrastructure provided by FHE play a core role? Why are FHE and "end-to-end encryption" essential? Would you be willing to allow AI to access your identity data, transaction records, and social preferences? Under what conditions would you "authorize"? How does FHE make authorization secure and controllable? What significance does FHE have for future visions such as DeCC (Decentralized Confidential Computing) and HTTPZ (Zero Trust Internet Transfer Protocol)?
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#保持SAFU How did you handle it and what key lessons did you learn from it? · What red flags or warning signs do you pay attention to when identifying scams? · Share the verification tools or resources you use to help avoid scams. Example: "I once received an email offering high returns, recommending a lesser-known cryptocurrency. After some investigation, I found that the token was not listed on any major exchanges and lacked credible support. A few days later, the project was exposed as a pump and dump scam. Always check for verifiable information and trust your instincts! #StaySAFU Okay okay
It is a safe-haven asset, what digital gold, go check the white paper, Satoshi Nakamoto's positioning of Bitcoin has always been that of a peer-to-peer electronic currency, there has never been a notion of digital gold. So why do mainstream voices consider Bitcoin to be digital gold, worth holding for the long term?
$BTC It is a safe-haven asset, what digital gold, go read the white paper, Satoshi Nakamoto's positioning of Bitcoin has always been a peer-to-peer electronic currency, and there has never been a term for digital gold. So why do mainstream voices consider Bitcoin to be digital gold and worth holding long-term?
#阿根廷总统MEME币争议 Three Major Bad News: 1. The Argentine president's currency is about to be cut, the project party withdraws the pool, and Sol, which relies on meme coins for survival, has its main artery severed. 2. The rise of various projects on the Binance chain is sucking blood from Sol. 3. The massive unlocking on March 1, worth over 2 billion dollars, will be consumed in liquidity in just one day. The gold content of the previous 290 has been rising, but now, I will re-enter Sol, and it's still the same saying: sell in greed, buy in fear. When everyone is liquidating, I will have the courage to enter hhhh
$SOL sol In the initial hours, the trading volume for the SOL/SGD pair was 63 SOL, which is not earth-shattering but shows some promise. Upbit is known for its somewhat conservative listings, so you know they did their homework. Previously, the only available fiat currency pair was the US dollar, which meant everyone had to go through that route. Now, Singaporeans can trade more easily directly with the local currency. But the question is: Solana's daily trading volume usually ranges between 2 billion to 5 billion dollars. So what about this new currency pair? It is just another gear in a very large machine.
$PEPE coin supply. As scarcity increases, this event could have a positive impact on its value - just as Bitcoin halvings have done historically! 📉➡️📈 📢 Stay informed and analyze the market before making any investment decisions! ⚠️ This is not financial advice. Always do your own research! 🔍💡