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The spring of cryptocurrency has arrived #GENIUS稳定币法案 traditional finance is about to be disrupted, this field is about to welcome a big explosion. #ETH突破3600 #加密立法新纪元 $ETH
$ETH
$ETH
My Futures Portfolio
0 / 200
Minimum 10USDT
Copy trader have earned in last 7 days
-199.97
USDT
7D ROI
-19.99%
AUM
$800.03
Win Rate
0.00%
See original
Ethereum surpasses Bitcoin in net inflow, keep it up, keep pushing!
The cryptocurrency world welcomes significant news: congratulations on the passage of the bill, which means stablecoins will be regulated. On July 19th, $BTC $ETH #ETH突破3600 #美国众议院通过三项加密货币法案 #上市公司加密储备战略 $ with Trump signing, the first federal legislation on cryptocurrency regulation in U.S. history officially takes effect.
According to CCTV News, on July 18th local time, U.S. President Trump officially signed the "Guidance and Establishment of the National Innovation Act for U.S. Stablecoins" (referred to as the "Genius Act") at the White House.
As background, this bill passed the House of Representatives with a vote of 308 to 122 on Thursday, following the Senate's approval of the bill in June with a margin of 68 to 30.
This bill sets regulatory rules for U.S. dollar stablecoins, including requiring companies to hold short-term U.S. Treasury securities equivalent to the amount of stablecoins issued, or similar dollar assets, while being subject to oversight by federal or state regulatory agencies. Of course, the most significant milestone of the first cryptocurrency legislation is still the establishment of the legality of crypto stablecoins in the U.S. financial market.
To promote the related legislation, cryptocurrency giants also contributed generously to support Trump during last year's U.S. elections; these financial backers were also invited to sit in the front row during the signing ceremony on Friday.
According to CCTV News, on July 18th local time, U.S. President Trump officially signed the "Guidance and Establishment of the National Innovation Act for U.S. Stablecoins" (referred to as the "Genius Act") at the White House.
As background, this bill passed the House of Representatives with a vote of 308 to 122 on Thursday, following the Senate's approval of the bill in June with a margin of 68 to 30.
This bill sets regulatory rules for U.S. dollar stablecoins, including requiring companies to hold short-term U.S. Treasury securities equivalent to the amount of stablecoins issued, or similar dollar assets, while being subject to oversight by federal or state regulatory agencies. Of course, the most significant milestone of the first cryptocurrency legislation is still the establishment of the legality of crypto stablecoins in the U.S. financial market.
To promote the related legislation, cryptocurrency giants also contributed generously to support Trump during last year's U.S. elections; these financial backers were also invited to sit in the front row during the signing ceremony on Friday.
See original
The cryptocurrency world welcomes significant news: congratulations on the passage of the bill, which means stablecoins will be regulated. On July 19th, $BTC $ETH #ETH突破3600 #美国众议院通过三项加密货币法案 #上市公司加密储备战略 $ with Trump signing, the first federal legislation on cryptocurrency regulation in U.S. history officially takes effect.
According to CCTV News, on July 18th local time, U.S. President Trump officially signed the "Guidance and Establishment of the National Innovation Act for U.S. Stablecoins" (referred to as the "Genius Act") at the White House.
As background, this bill passed the House of Representatives with a vote of 308 to 122 on Thursday, following the Senate's approval of the bill in June with a margin of 68 to 30.
This bill sets regulatory rules for U.S. dollar stablecoins, including requiring companies to hold short-term U.S. Treasury securities equivalent to the amount of stablecoins issued, or similar dollar assets, while being subject to oversight by federal or state regulatory agencies. Of course, the most significant milestone of the first cryptocurrency legislation is still the establishment of the legality of crypto stablecoins in the U.S. financial market.
To promote the related legislation, cryptocurrency giants also contributed generously to support Trump during last year's U.S. elections; these financial backers were also invited to sit in the front row during the signing ceremony on Friday.
According to CCTV News, on July 18th local time, U.S. President Trump officially signed the "Guidance and Establishment of the National Innovation Act for U.S. Stablecoins" (referred to as the "Genius Act") at the White House.
As background, this bill passed the House of Representatives with a vote of 308 to 122 on Thursday, following the Senate's approval of the bill in June with a margin of 68 to 30.
This bill sets regulatory rules for U.S. dollar stablecoins, including requiring companies to hold short-term U.S. Treasury securities equivalent to the amount of stablecoins issued, or similar dollar assets, while being subject to oversight by federal or state regulatory agencies. Of course, the most significant milestone of the first cryptocurrency legislation is still the establishment of the legality of crypto stablecoins in the U.S. financial market.
To promote the related legislation, cryptocurrency giants also contributed generously to support Trump during last year's U.S. elections; these financial backers were also invited to sit in the front row during the signing ceremony on Friday.
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