1. Trump claims that the banking industry is undermining stablecoins with the "Genius Act," which needs to be passed quickly through the "Clarity Act." He also states that the "Genius Act" is the first step to making the U.S. the world's crypto capital, and the "Clarity Act" is the next crucial step. 2. The CFTC Chairman states that the coming weeks will pave the way for the regulation of U.S. perpetual futures and prediction markets. Actually, these two pieces of news can be combined into one, because the main regulatory role of the CFTC in the "Clarity Act" has already been mentioned. It's also uncertain whether this will be a thunderbolt or a small ripple when it is implemented.
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Good morning with two pieces of good news:
1. Trump claims that the banking industry is undermining stablecoins with the "Genius Act," which needs to be passed quickly through the "Clarity Act." He also states that the "Genius Act" is the first step to making the U.S. the world's crypto capital, and the "Clarity Act" is the next crucial step.
2. The CFTC Chairman states that the coming weeks will pave the way for the regulation of U.S. perpetual futures and prediction markets.
Actually, these two pieces of news can be combined into one, because the main regulatory role of the CFTC in the "Clarity Act" has already been mentioned. It's also uncertain whether this will be a thunderbolt or a small ripple when it is implemented.