Wu learned that according to FOX reporter Eleanor Terrett, an updated version of Republican Senator Bill Hagerty's stablecoin bill, the GENIUS Act, has been released. The new version of the document expands the reciprocity clauses for overseas payment stablecoins, adding reserve requirements, regulation, anti money laundering and counter-terrorism measures, sanction compliance, liquidity requirements, and risk management standards, aiming to promote international transactions and achieve interoperability with overseas stablecoins denominated in US dollars. https://www. (wublock123.com)/index.php? m=content&c=index&a=show&catid=6&id=39245