Bitcoin.com News
Bitcoin.com News|Mar 14, 2025 01:06
The U.S. is moving fast on stablecoin regulation and financial fairness! 🇺🇸 The Senate Banking Committee just passed two HUGE bills—the GENIUS Act and FIRM Act. One locks in clear stablecoin rules 🔥 and the other stops financial institutions from cutting people off for political reasons. Chair Tim Scott says this will end uncertainty and bring real clarity to digital assets. Stablecoins will have 1:1 reserves, anti-money laundering rules, and the U.S. dollar stays strong. Meanwhile, no more politically motivated debanking! With bipartisan support, these bills are now heading to the Senate floor—and Scott says President Trump is ready to sign them. Is this the moment the U.S. finally takes the lead in financial innovation? 🚀
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