This week marked significant strides in U.S. cryptocurrency regulation, highlighted by the enactment of the GENIUS Act with its restrictive 'Libra clause' to limit stablecoin issuance to separate entities, preventing monopolization by major tech and financial firms. Additionally, the Senate Banking Committee introduced the Responsible Financial Innovation Act of 2025 to clarify digital asset classifications and regulatory jurisdictions between the SEC and CFTC. Meanwhile, regulatory ambiguity persists as the SEC reversed its approval of a major crypto ETF, and the Department of Justice closed its high-profile investigation into Kraken's Jesse Powell. Collectively, these developments signal a rapidly evolving yet uncertain regulatory landscape in the U.S. crypto sector.
Continue to read U.S. Advances Crypto Regulation Amidst Regulatory Uncertainties and Legislative Progress
This week marked significant strides in U.S. cryptocurrency regulation, highlighted by the enactment of the GENIUS Act with its restrictive 'Libra clause' to limit stablecoin issuance to separate entities, preventing monopolization by major tech and financial firms. Additionally, the Senate Banking Committee introduced the Responsible Financial Innovation Act of 2025 to clarify digital asset classifications and regulatory jurisdictions between the SEC and CFTC. Meanwhile, regulatory ambiguity persists as the SEC reversed its approval of a major crypto ETF, and the Department of Justice closed its high-profile investigation into Kraken's Jesse Powell. Collectively, these developments signal a rapidly evolving yet uncertain regulatory landscape in the U.S. crypto sector.
Continue to read U.S. Advances Crypto Regulation Amidst Regulatory Uncertainties and Legislative Progress
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