In some positive news, the U.S. House of Representatives has passed a trio of bills aimed at establishing a federal framework for crypto regulation this week. This will only help crypto go more mainstream.
The GENIUS Act establishes a regulatory framework for stablecoins... the Clarity Act makes clearer what falls under the U.S. Securities and Exchange Commission ("SEC") and the Commodity Futures Trading Commission... and a third bill prevents the Federal Reserve from issuing its own digital currency. The GENIUS Act is ready for President Trump to sign and the other two are now heading to the U.S. Senate.
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