Political Figures in the U.S. Senate Reportedly Advance on Legislation for Digital Currencies, Amidst Intense Bipartisan Discussions: Insight
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🌐 News 🌐
US Regulatory Framework for Stablecoins in the Works!
A proposed bill to set up a legal structure for stablecoins in the United States, known as the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act, has progressed significantly and could soon return to the voting floor. A minor disagreement between Senate negotiators was reportedly resolved.
Some contentious issues in the bill, including those related to anti-money laundering, foreign issuers, national security, consumer protection, and the safety and soundness of the financial system, have been addressed. The negotiators are now circulating a revised version of the bill that should further advance the legislation.
🔔 Industry Announcements 🔔
- Binance Alpha takes the Web 3.0 game to the next level!
- MapleStory N and NXPC Token mark a new era for the MapleStory universe!
- Maverix Securities receives funding from GSR for digital asset structured products!
- Sportsbet.io celebrates the Champions League finale with a massive USDT giveaway!
- Whale.io accelerates towards Token Generation Event - 'Wager and Earn' campaign launched!
- Edgen unveils 'AI Super App' for institutional-grade crypto market intelligence!
- BC.GAME strengthens crypto integration in the iGaming ecosystem with a new logo!
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- The progress of the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act indicates a potential soon return to the voting floor, contributing to the upcoming policy-and-legislation surrounding cryptocurrency and finance.
- Binance Alpha, a key player in the cryptocurrency industry, is pushing the boundaries of Web 3.0, demonstrating the business innovation within the general-news sphere.
- The NFT market within MapleStory is taking a significant step forward with the launch of MapleStory N and the NXPC Token, creating a buzz in the blockchain-related finance space.
- The evolving policy-and-legislation landscape in the world of cryptocurrency is being addressed through both diligent regulation efforts (such as the GENIUS Act) and collaborative projects (like those highlighted in the Industry Announcements section).
