Luba Kulcona CwPI

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#StablecoinLaw The Stablecoin Law in the United States aims to regulate digital currencies linked to the value of stable assets, such as the US dollar. This law enhances transparency and stability in the digital market.
*Objectives of the Law* ¹:
- *Consumer Protection*: The law ensures the protection of users through disclosure and transparency requirements.
- *Support for Innovation*: The law encourages innovation in the field of digital currencies while maintaining market stability.
- *Enhancing the Global Role of the Dollar*: The law reinforces the dominance of the US dollar in the digital age.
*Key Features of the Law* ¹ ²:
- *Federal Oversight*: The Federal Reserve oversees major stablecoin issuers.
- *Backed Reserves*: Stablecoins must be backed 1:1 by high-quality liquid assets.
- *Monthly Disclosures*: Issuers are required to provide monthly liquidity reports and undergo third-party audits.
*Recent Developments* ²:
- *Passage of the Law in the Senate*: The US Senate approved the law by a vote of 68 to 30.
- *Transition to the House of Representatives*: The law will be voted on in the House of Representatives in the coming weeks.#CryptoMarket4T #BinanceHODLerC #AltcoinBreakout #BinanceHODLerC $BTC $BNB $ETH

Word of the Day
Let's win together

Hello
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The best cryptocurrencies for long-term investment

🔗 Blockchain Infrastructure & Services:

18. Chainlink (LINK) – The top oracle solution for smart contracts.

19. Arweave (AR) – Permanent decentralized data storage.

20. Kaspa (KAS) – High-speed, scalable proof-of-work cryptocurrency.

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The best cryptocurrencies for long-term investment

🏦 Decentralized Finance (DeFi):

14. Aave (AAVE) – Leading decentralized lending and borrowing platform.

15. Uniswap (UNI) – The largest decentralized exchange (DEX).

16. Maker (MKR) – Governance token behind the DAI stablecoin.

17. Synthetix (SNX) – Platform for trading synthetic assets.

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