The GENIUS Act, a key piece of US stablecoin legislation, aims to set clear rules for stablecoin collateralization and compliance, potentially solidifying the US dollar’s role in the digital asset economy.
Tag: Bitcoin Regulation
Kazakhstan to Launch “CryptoCity”: A Bold Move Towards Crypto Adoption
Kazakhstan’s President Tokayev announced the launch of “CryptoCity,” a pilot zone allowing cryptocurrency payments for goods and services, signaling a significant step towards mainstream crypto adoption within a regulated environment.
US Lawmakers Introduce Bipartisan CLARITY Act: A New Dawn for Crypto Regulation?
The CLARITY Act, a bipartisan bill introduced by US lawmakers, aims to bring regulatory clarity to digital asset markets, addressing key gaps in crypto oversight and defining the roles of the SEC and CFTC.
Crypto Market Vulnerable Without CFTC Authority, Warns Ex-Chair Behnam
Former CFTC Chair Rostin Behnam argues that the crypto market remains vulnerable to fraud and manipulation without clear regulatory oversight, specifically advocating for increased authority for the CFTC.
Elon Musk Steps Down from DOGE Role: What It Means for Crypto
Elon Musk concludes his role as a Special Government Employee leading the Department of Government Efficiency (DOGE), citing difficulties in cutting federal spending. What impact will this have on the crypto markets, particularly Dogecoin?