United States transforms stablecoins
๐ข Crypto-linked stocks rise after the approval of the GENIUS Act
The U.S. signed the GENIUS Act, which regulates and limits yields on stablecoins. Stocks of crypto companies rose between 2โ12% after the news.
๐ Positive impact:
Bitcoin near $123K
Ether breaks $3,783
More institutional confidence
โ Regulation may attract safe capital
โ Monitors the arrival of ETFs and bank support
๐ฌ Do you think this regulation is positive? Comment below ๐
#bitcoin #Ethereum #CryptoNews #BinanceSquare #PublicayGana
๐ข Crypto-linked stocks rise after the approval of the GENIUS Act
The U.S. signed the GENIUS Act, which regulates and limits yields on stablecoins. Stocks of crypto companies rose between 2โ12% after the news.
๐ Positive impact:
Bitcoin near $123K
Ether breaks $3,783
More institutional confidence
โ Regulation may attract safe capital
โ Monitors the arrival of ETFs and bank support
๐ฌ Do you think this regulation is positive? Comment below ๐
#bitcoin #Ethereum #CryptoNews #BinanceSquare #PublicayGana