Circle Praises Passage of the GENIUS Act: A Crucial Step for the Future of Money and the Internet Financial System
According to a report by Jinse Finance, USDC issuer Circle published an article stating that the House of Representatives has voted to approve the GENIUS Act for presidential signature, which is crucial for the future of currency and the internet financial system. This demonstrates strong bipartisan support for responsible innovation and clearly indicates that the United States will take a leading role in regulating dollar-backed payment stablecoins. Circle highly commends congressional leaders for establishing a regulatory framework that prioritizes consumer protection, financial integrity, and U.S. competitiveness.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
US Stock Movement: Zenas BioPharma surged on October 20, driven by INDIGO Phase III data and Obeximab.
Netflix plans to expand its advertising business to 15 new countries by 2027

Swiss gold exports increased by 6% in September, with exports to the UK surging.

Brent crude main futures contract surpasses the $109/barrel mark
