US Senate Sets the Stage with Historic GENIUS Act Vote 🇺🇸
The United States Senate is set to vote on the impactful GENIUS Act on June 17. This legislation aims to regulate stablecoins by mandating full dollar backing. Additionally, the act requires audits for large stablecoin issuers, ensuring transparency and accountability within the industry.
The vote marks a significant step in governing digital currencies, as stablecoins are increasingly used in financial markets. The GENIUS Act reflects growing concerns over the need for stablecoin regulation to maintain the integrity of the financial system.
समान लेख
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What's the GENIUS Act stablecoin bill that just passed the US Senate?
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