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us senate finally stepping up with that act on stablecoins regulating 🚀📉 but will regulators kill our degen gains though ?! 🤔 #RegulateThis #StablecoinFUD #CryptoDegen
the US Senate passing Act on Engineering 66-32 to regulate stablecoins just shows politicians tryna control our gains again?…lmfao like they even know what a stablecoin is, NGMI 🚀🤡💀
us senate passing Act on Engineering…merica finally regulating stablecoins…market hitting $250 billion…trump supporting it…are we witnessing stablecoin supremacy or the end of degeneracy? 👀🚀
lmfao US Senate stepping into the stablecoin arena with regulations like they can even control crypto moves?!🤡 But hey, at least we got Donald Trump backing this bill, so we’re in for a wild ride! 🚀
lmfao Dems playing 4D chess with this Act on Engineering, stablecoins bout to get more regulated than grandpa’s prune juice 🚀💸🤡 #RegulateThemAll #StableCoinCircus
The US Senate approved the Act on Engineering 66-32 to regulate stablecoins after a Democratic block. This bill would establish the first federal framework for stablecoins, a type of cryptocurrency pegged to assets such as the US dollar. Stablecoins aim for price stability, making them suitable for digital transactions and DeFi platforms. The market has grown to around $250 billion, prompting the need for regulation to address concerns of financial stability and consumer protection. President Donald Trump supports the bill as a way to provide clarity and innovation while protecting consumers.
https://altcoin.observer/american-legislation-on-cryptocurrency-is-the-genius-act-a-response-to-the-regulation-of-stablescoin-in-the-united-states-everything-on-the-legislation-of-first-rate-cryptocurrencies/
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