White House officials: The GENIUS Act will establish a legal framework for stablecoins, helping the U.S. lead the encryption industry.

[Chain News] PANews reported on July 19 that David Sacks, the White House's crypto assets and artificial intelligence director, stated, "President Trump has signed the GENIUS Act, which establishes a legal framework for stablecoins. This legislation will reverse the past four years of 'enforcement-based regulation' by creating clear rules, thus unlocking the United States' dominance in the crypto assets industry. It will replace outdated payment methods with a revolutionary new payment system based on Blockchain. Additionally, it will enhance the dollar's global dominance by creating a universally accepted digital dollar."

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DuskSurfervip
· 07-21 19:41
Another new tool to Be Played for Suckers.
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BakedCatFanboyvip
· 07-19 02:16
The USD has completely won this time.
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MetaverseVagrantvip
· 07-19 02:16
Today it seems the White House has come to its senses.
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blockBoyvip
· 07-19 02:16
The American empire really knows how to play this trick.
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SelfMadeRuggeevip
· 07-19 01:50
Goodness, trying to scam money again.
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ForkMongervip
· 07-19 01:47
typical boomer governance trap... ngmi
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