Quote from: Merit.s on Today at 04:15:16 PM

Quote from: Creeper0 on Today at 01:32:59 PM

NEW: 🇺🇸 President Trump to sign the crypto GENIUS Act into law today.

America is embracing Bitcoin and crypto 🙌 #source link1 #source link2

This is definitely great news for the crypto market, especially for the Bitcoin market. If Donald Trump's genius signature is successful, it will increase customer protection, ensure reserves for stability, and take steps to prevent fraud and illegal transactions.

I can't yet describe the impact of this signature. What do you think? Will this signature bring anything positive to the Bitcoin market? Or how beneficial is it for the Bitcoin market?

Update-

JUST IN: 🇺🇸 President Trump says, “Big signing at 2:30 in the White House.” 👀

He plans to sign the GENIUS Act into law today source link

It's not just one bill but they are three bills. The Clarity Act, The Genius act and The Anti-CBDC State Act as this week is designated as crypto week by the US house.

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First one is the Genius Act, which is already in its second phase after being passed by the senate preceding month. It includes regulations for Stablecoins, their reserve, registration and transparency.

Second, the CLARITY Act, defining CFTC and SEC roles in the regulation of the digital assets for long anticipated lucidity in market’s infrastructure.

And Finally, the anti CBDC Act, supported by market advocates designed to stop the use of centre-issued digital currencies for retail use over data privacy issues.

https://www.coingabbar.com/en/crypto-currency-news/us-clarity-act-crypto-regulatory-framework

Trump officially signs the Genius Act into law 👏
In fact, this is undoubtedly good news for Cryptocurrency. America wants to influence the world. They don't want to be left behind in any way. They rule the crypto world like they rule the whole world The plan is being followed. However, everyone involved in the crypto world will benefit from it.

Trump says Bitcoin could be the greatest revolution in financial technology since the internet itself.🔥

Source link: https://x.com/BTC_Archive/status/1946289814761828439?t=Wlh9e9ezfMxml2TQZIKucg&s=19