The GENIUS Act: Regulated Stablecoins and a Boost for the Dollar
The recent approval of the GENIUS Act (Guiding and Establishing National Innovation for U.S. Stablecoins Act) by the U.S. Senate marks a pivotal moment for the cryptocurrency market. This legislation aims to regulate and legitimize stablecoins backed by U.S. dollars, creating a clear legal framework that could transform the way money moves in the digital …
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