CITIC Securities: The US Stablecoin Act has been implemented, and relaxed regulation is conducive to market expansion
Odaily News According to a research report by CITIC Securities, on July 17, Eastern Time, the U.S. Congress passed the GENIUS Act, marking the official launch of the first federal-level stablecoin regulatory framework in the United States. Judging from the process of advancing the bill, after the passage of the Big and Beautiful Act, crypto legislation was quickly listed as the top agenda of the House of Representatives, and Trump personally promoted consensus within the Republican Party, highlighting the priority of the crypto field in the U.S. policy framework. Judging from the content of the bill, the House of Representatives did not make substantive changes to the version passed by the Senate, and still retained a relatively loose regulatory framework that is mainly federal and supplemented by the state level. Looking ahead, as the regulatory details of the GENIUS Act are implemented, U.S. financial and technology giants are expected to accelerate their entry, promote the accelerated spread of stablecoins from issuance to application scenarios, and may bring about a continued expansion of the stablecoin market size. (Securities Times)
You may also like

Understanding x402 and MPP in One Article: Two Routes for Agent Payments

Particle Founder: The entrepreneurial insights I have gained the most from in the past year

Huang Renxun's latest podcast transcript: The future of Nvidia, the development of embodied intelligence and agents, the explosion of inference demand, and the public relations crisis of artificial intelligence

OKX Ventures Research Report: AI Agent Economic Infrastructure Research Report (Part 1)

The migration of settlement rights: B18 and the institutional starting point of on-chain banks

From Tencent and Circle: Looking at the Simple and Difficult Questions of Investment

The second half of stablecoins no longer belongs to the crypto circle

Cursor "Shell" Kimi Controversy Reversed: From Copyright Infringement Allegations to Authorized Collaboration, China's Open Source Model Once Again Becomes a Global AI Foundation

The Real Reason Tokens Don't Sell: 90% of Crypto Projects Overlook Investor Relations

Is the income of pump.fun real, earning a million dollars a day despite the market downturn?

The real reason why tokens are not selling: 90% of crypto projects neglect investor relations

Who is the true winner of the "Tokenization" narrative?

Moss: The Era of AI-Traded by Anyone | Project Introduction

Chip Smuggling Case Exposes Regulatory Loophole | Rewire News Evening Update

How a Structured AI Crypto Trading Bot Won at the WEEX Hackathon
Ritmex demonstrates how disciplined risk control and structured signals can make an AI crypto trading bot more stable and reliable on WEEX, highlighting the importance of combining execution discipline with scalable AI trading systems.

Old Indicator Fails, Three Major New Signals Emerge: BTC True Bottom May Still Be Below $60K

Meeting OpenClaw Founder at a Hackathon: What Else Can Lobsters Do?
