Washington moves on crypto: Stablecoin and blockchain bills signal regulatory momentum 🇺🇸
Blockchain Regulatory Certainty Act
Tom Emmer
Ritchie Torres
GENIUS Act
Crypto Council for Innovation
The US Senate has advanced the GENIUS Act, aiming to establish a regulatory framework for stablecoins. This move marks a pivotal moment in US crypto legislation, highlighting the bipartisan support for regulating the space.
Alongside this, Representative Tom Emmer reintroduced the Blockchain Regulatory Certainty Act, offering legal clarity for developers and service providers who don’t handle customer funds. This act is co-sponsored by Ritchie Torres.
The GENIUS Act and the Blockchain Act together reflect governmental momentum towards comprehensive crypto regulation, underlining the importance of legal clarity in the growing crypto space.
Source: cointelegraph.com ↗
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