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mehrimah🎩
@mehrimah
Stablecoin Legislation in the U.S.: The U.S. House has unveiled a stablecoin bill that could pass by summer 2025, aiming to provide a regulatory framework for these dollar-backed digital currencies. This comes as stablecoins grow as a key sector in crypto, with Treasury Secretary Scott Bessent emphasizing their role in maintaining the U.S. dollar’s global dominance at a recent White House Crypto Summit.
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