US EditionGENIUS' ban on stablecoin yield will drive demand for Ethereum DeFi
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US Lawmakers Drive Major Legislation for Digital Assets Regu
The US passed three bills to regulate digital assets including stablecoins and CBDCs. GENIUS Act focuses on stablecoin consumer protection and transparency. Continue Reading:US Lawmakers Drive Major Legislation for Digital Assets Regulation The post US Lawmakers Drive Major Legislation for Digital A...
GENIUS Act Bans Yield-Bearing Stablecoins Driving Capital to DeFi
The GENIUS Act, recently signed into law by the U.S. President, has introduced significant regulatory changes that ban yield-bearing stablecoins. This legislation aims to provide clarity and oversight in the cryptocurrency sector, particularly for stablecoin projects. The Act proposes a balanced regulatory framework between state and federal oversight, allowing smaller issuers to operate under state supervision. This move is expected to drive ca…
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