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🇺🇸 UPDATE ON CRYPTO REGULATIONS IN THE US – Slow but steady 💡
Crypto and fintech enthusiasts interested in the US market, here is an important update on the legal framework:
🔹 Key points:
The US Senate has postponed voting on the crypto market framework bill until early 2026.
Instead of public hearings, Senate Banking Committee Chair Tim Scott has been working directly with major companies like Coinbase, Kraken, Ripple, Chainlink, a16z to review the latest version of the bill.
Traditional financial institutions such as Goldman Sachs, BNY Mellon, and SIFMA are also involved, indicating increasing collaboration between crypto and traditional finance.
🔹 Current progress:
The crypto regulation development process is slow but steady, conducted through private meetings and exchanges.
It is expected that the bill could be passed in the first quarter of next year, establishing a clear legal foundation for the crypto market in the US.
🔹 New guidance from FDIC on stablecoins:
FDIC has issued guidelines for banks wishing to issue payment stablecoins under the GENIUS Act.
Insured banks must apply and be approved before issuing stablecoins through subsidiaries.
The regulations specify the review process, processing times, and appeal rights.
Public consultation period is 60 days after announcement.
💡 Insight:
The US is creating a clearer legal framework for stablecoins and crypto products.
Although progress is slow, this is an opportunity for projects to plan legal strategies and collaborate with banks before the law is officially enacted.
For traders and investors, this signals positive developments towards legalization and transparency in the US crypto market, reducing legal risks.
🔥 In summary: The US is not rushing but is building a solid foundation – those who stay informed will seize opportunities before the law is officially enacted.#JoinGrowthPointsDrawToWinGoldenBar #btc #eth $BTC $ETH