After several days of internal quarrels in the Republican camp, the cryptocurrency sector recorded a major legislative success in the United States. The House of Representatives adopted, Thursday, July 17, a text that supervises the stablecoins, literally “stable tokens”, digital tokens indexed to the dollar, as well as two other texts which could, if they are approved by the Senate, lead to a major overhaul of American finance to integrate cryptocurrencies.
The first bill, known as “Genius Act” (for “Guiding and Establishing National Innovation for Us Stablecoins Act”), had already been adopted by the Senate in June. Having now been voted by the House of Representatives, it should be promulgated by the American president, Donald Trump, as of Friday, July 18, around 2:30 p.m. Washington hour (8:30 p.m. in Paris), marking a historic course for a financial sector watched with distrust since its appearance, less than fifteen years ago. The law would impose a 100 % dollar warranty on the dollars and a registration of issuing institutions.
You have 77.93% of this article to read. The rest is reserved for subscribers.
