The US Senate is preparing to vote on Wednesday (June 11th), which aims to bring federal inspection to stablecoins. The bill includes detailed rules on the export, supervision and consumer protection of crypto currencies indexed to the US dollar. The majority leader, John Thune, attracted the calendar forward and accelerated the inter -party talks. If the law is adopted, a national -scale framework in the country for the first time in the country will enter into force.
Voting calendar and political agenda
The bill was moved to the top of the senators due to details that could not be reached in previous trials. Thune’s attempt eliminated the possibility of leaving the vote after July; Thus, the decision process accelerated.
Democratic and Republican senators are looking for a common ground to balancing the size of the crypto currency markets and increasing risks. Although many names believe that net rules will increase investor confidence, some members remain the opinion that arrangements can slow down the speed of innovation.
Regulatory frame in the bill
GENIUS ACT clarifies the field of responsibility by connecting the export of crypto currencies to certain financial institutions. Offer; It aims to stability with reserve management, audit reporting and market surveillance items.
Supporters believe that the regulation will protect the investor and prioritize technological development. The closure of legal gaps and the protection of the integrity of the financial system are among the most powerful aspects of the bill.
Market and Public Effects
In the sector, the acceptance of the federal framework will increase the global competitiveness. Investors think that new rules can reduce volatility by raising market transparency.
Critics argue that innovation will lose momentum due to excessive detailed provisions. Expert views of the final decision will be the turning point in the US financial markets to shape the future of crypto currencies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
