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Circle praises passage of 'GENIUS Act': Crucial for future of currency and internet financial system

Summary: In a recent announcement, USDC issuer Circle stated that the House of Representatives has voted to approve the 'GENIUS Act' for presidential signature, emphasizing its crucial importance for the future of currency and the internet financial system. This demonstrates strong bipartisan support for responsible innovation and clearly indicates that the United States will take a ...

In a recent announcement, USDC issuer Circle stated that the House of Representatives has voted to approve the 'GENIUS Act' for presidential signature, emphasizing its crucial importance for the future of currency and the internet financial system. This demonstrates strong bipartisan support for responsible innovation and clearly indicates that the United States will take a leadership role in regulating USD-backed stablecoins. Circle highly praises the regulatory framework constructed by congressional leaders, prioritizing consumer protection, financial integrity, and American competitiveness.

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Link: Circle praises passage of 'GENIUS Act': Crucial for future of currency and internet financial system [Copy]

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