US passes Genius Act, first major national crypto legislation
Source: BBC
Getty ImagesLawmakers in the US have passed the country's first major national cryptocurrency legislation.It is a major milestone for the once fringe industry, which has been lobbying Congress over regulation for years and poured millions into last year's election, backing candidates that included Donald Trump. The bill sets up a regulatory regime for so-called stablecoins, a kind of cryptocurrency backed by…
This is aggregated or syndicated coverage. Reporting and media belong to the original publisher.
Read the original source at BBC