On Friday, US President Donald Trump signed a genius law in the law, which represents a pivotal moment to organize Stablecoin in the United States. After months of discussion and two previous rejection, the draft law finally passed through Congress, and a more clarified legal framework for Stablecoins and its role in the broader digital economy. Legislation aims to enhance innovation while strengthening the position of the US dollar in the digital financial system.
However, the bill did not pass without resistance. Among the most vocal opponents, Representative Margori Taylor Green, who represents the fourteenth boycott in Georgia and works as the head of the Doug Committee. Green reaffirmed her vote against the genius law, noting the concerns that it lay the basis for a central bank currency (CBDC) without explicitly banning it. Its website repeat a broader discussion in Washington on the future of digital currencies, the risks of monitoring and financial freedom.
Despite the decline, the passage of the genius law reflects an increasing consensus of the two parties that organizational clarity is necessary to enhance encryption innovation in the United States. Although all votes are not compatible with their effects, the draft law is now law, and its impact in the real world can be felt on Stablecoins and Defi in the coming months.
Margori Taylor Green collides with a genius
Representative Margori Taylor Green, Chair of the Doug Committee, Delivery A strong reprimand of the genius law after its approval and the signature of President Trump on Friday. Green, who voted against The draft law warned that the American public “barely has any idea of what it is, what it means, and what has been passed.” In its statement, the draft law described the law A Trojan Horse for Center Banking Digital Currency (CBDC), saying: “This law regulates Stablecoins and provides Digital Bank’s rear currency.”
Green has long opposed any legislation that might open the door to the Convention on Biological Diversity, on the pretext that the non -monetary society controlled by the government currency issued by the government can be armed against American citizens. “Do you really trust your government that you never do it?” I defied. “Me, no.”
While Green opposed the genius law, she voted Yes In the CBDC Wilayat Act, a draft law prohibits the Federal Reserve Council from the CBDC version. Despite the approval of the House of Representatives, Green warned that the Senate lacks votes to push the bill forward.
It also supported the law of clarity, which passed the house and includes provisions for self -reserves and clear regulatory guidelines of digital assets. However, I promised to vote no If protection from self -goodness is removed in the Senate reviews. “The most important thing that needs to remain is to protect people’s self -body from their digital currency.”
In reference to the exit from the United States from the Golden Standard in 1971, Green argued that the country again at a crossroads – this time moves from concrete money to the entire digital currency system. “Your ability to buy and sell will eventually be kept in digital accounts controlled by banks and government,” she warned.
The maximum analysis of the encryption market
The total value of the Crypto Market has collapsed decisively from the level of $ 3.6 trillion, as it reached a new year height at $ 3.81 trillion, as shown in the graph. This penetration comes after several weeks of monotheism and signs that renewed the upscale force across the area of digital assets. This step was backed by strong green candles and increased size, indicating wide participation through disciplines and stews.
More importantly, the penetration emphasizes the existence of a bullish structure, with the highest and highest levels of its lowest level since the bottom of June. The simple moving average is sitting for 50 days (SMA) about $ 3.04T, and SMA is approaching 100 days of 3.01T-both much lower than current price levels, which enhances the strength of the upward trend. SMA for 200 days at $ 2.55 also confirms the long -term bullish position.
This penetration coincides with the background of legal clarity in the United States, especially after the signing of the Genius law, which enhances confidence in Stablecoins and distinguished financing. Bitcoin and Ethereum continue to lead the charge, but Altcoins is now gaining momentum as the capital revolves through the ecosystem.
Distinctive image from Dall-E, the tradingView graph
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