crazyboy
09/15 14:03
Here’s How the GENIUS ACT Law Will Extensively Tra
The cryptocurrency industry secured a remarkable feat on July 18, when President Donald Trump signed the GENIUS Act into law. The move aligns with the President’s long-term goal of promoting crypto-friendly regulations, addressing the strong demand from crypto founders and market participants alike.
The law addresses numerous long-standing challenges faced by crypto founders and external institutional players as they integrate into the crypto space. Some key regulatory policy evolutions made possible by the GENIUS Act include increased transparency regarding the sovereignty of the SEC versus the CFTC, as well as the federal licensing of stablecoin issues, among others.
The Act introduces a two-tier licensing system that strictly limits the issuing of payment stablecoins within the United States to specific payment .
#Claim1,200 USDT in the Monthly Creation Challenge# Convert Discord activity to $WLFi.
1Share
All Comments0LatestHot
No records