Stablecoin legislation has become a hot topic amidst the ongoing political landscape in Washington.With the cryptocurrency industry gaining momentum and the support of key figures like former President Donald Trump, who has his own interest in the space, the proposed GENIUS Act seemed poised for quick passage.
Tag: Trump cryptocurrency
Crypto Legislation Faces Major Setbacks in Washington
In recent months, the landscape of crypto legislation has taken center stage in Washington, raising questions about the future of the booming cryptocurrency industry.The initial optimism surrounding the swift passage of regulations was bolstered by Donald Trump’s administration, which actively supported favorable laws such as stablecoin regulation.