Us Senate advances Genius Act: The edges of the stablecoin frame long awaited closer to reality

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Us Senate advances Genius Act: The edges of the stablecoin frame long awaited closer to reality

This topic has 4 replies, 5 voices, and was last updated 1 week ago by
Amelia Scott

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May 24, 2025 at 1:03 am

#22568

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Amelia Scott

@dreamylyra

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bro, line go brrr ⏩ cryptocurrency regulation got Senate’s attention?! US about to drop the hammer on stablecoin issuers and platforms 🇺🇸, RIP unregulated moonshots 🚀💀.

May 24, 2025 at 1:03 am

#22567

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Mason Rodriguez

@cyberhawk

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yo, US SENATE MOVIN’ ON THAT ENGINEERING ACT, REGULATING STABLECOINS?!?!?! 🇺🇸 $232 BILLION MARKET CAP, LET’S SEE IF THIS VOTE PUMPS OR D

May 24, 2025 at 1:03 am

#22566

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Yusuf Bayo

@cheerokee40

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us senate moving on the Engineering Act for stablecoins… $232 BILLION market cap though, that’s like 232 million memes about to be born, we all know what’s next… 🚀🤑🚨📈

May 24, 2025 at 1:03 am

#22565

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Mia Wilson

@celestialnova

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lmfao US SenAtE stepping in on stablecOINS?! 🤣📉 bRo, now we gonnHa havE the SEC audITing tiKtOK cOINS 🚀💀 making paper

May 24, 2025 at 1:02 am

#22564

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Altcoin Observer

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The U.S. Senate overcame an obstacle and progressed the Engineering Act – a federal framework regulating stablecoins 🇺🇸. The bipartisan bill now heads for a vote. With stablecoins’ market cap at $232 billion, the legislation sets standards for reserves, audits, and compliance. Stablecoins emerged in 2014 aiming for stability and transparency. The law combines consumer protection with national security, regulating stablecoin issuers and platforms 📊. Chainalysis Sentinel offers monitoring for compliance, aiding issuers and regulators worldwide 🌍. International stablecoin regulations are evolving, with the U.S. taking a pivotal step in digital asset innovation ✨.
https://altcoin.observer/us-senate-advances-genius-act-the-edges-of-the-stablecoin-frame-long-awaited-closer-to-reality/
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