Bitcoin and cryptography prices have exploded in the past year while merchants are betting on the administration of US President Donald Trump increasing prices (helped by the Treasury Secretary, Scott Bessent, issuing a huge prediction of the cryptography market).
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The price of Bitcoin exceeded $ 100,000 at the end of last year and rebounded above the psychological level after having plunged with the actions following the so-called Liberation day of Trump of world commercial prices-with a new accident of Bitcoin prices, fear emerging suddenly.
Now, while Coinbase issues a serious Bitcoin price, Trump said that the Senate adopting key stablecoin legislation will lead to an investment in “massive” cryptography.
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President Donald Trump predicted the “massive” crypto investment following the law on engineering … More
“The Senate has just adopted an incredible bill that will make America the undisputed leader in digital assets,” Trump posted on his social account Truth, referring to the Stablecoin Act Stablecoin bill and add to the United States.
“No one will do it better, it is a pure genius! Digital assets are the future, and our nation will own it. We are talking about massive investments and innovation.”
The Stablescoin market – dominated by the USDT of Tether and the USDC of Circle – went from nearly zero to $ 10 years ago today, with Wall Street, the largest retailers in the world and the giants of Silicon Valley technology taking a red market tranche.
This week, American Senate legislators voted 68-30 to approve the bipartisan “guidance and establishing national innovation for American stablecoins”, known as Genius Act, which would establish a regulatory framework for the stables, legitimizing their use for issuers and guards.
Before the bill could be sent to the office of American president Donald Trump for his signature, he must be voted by the House of Representatives.
House legislators can either vote on it, or continue changes that will require a final turn to the Senate.
“The house will, hope, clear up quickly and will take an act of” clean “genius,” said Trump. “Put it to my office as soon as possible – no delays and no addition.”
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The Bitcoin Prize has overcome the last year, helped by the embrace of the American president Donald Trump of … More
Meanwhile, Trump’s Tsar, Tsar David Sacks Bloomberg It expects the Stable bill to lead the Stablescoin market to Dollars at 10 times of $ 250 billion to billions of dollars.
“The float is expected to go from $ 250 billion to billions of dollars,” said Sacks, adding that it expects “the blockchain -based infrastructure will be used as a new type of payment system based on a dollar”, “calling the” Payment System of the future “.
The attention is now going to the legislation on the structure of the cryptographic market known as Clarity Act, which was described by Senator Cynthia Lummis as stage two in three stages of the Trump administration for cryptographic legislation, the third step obtaining the Signed Bitcoin Strategic Reserve.
The adoption of the law on engineering in the Senate “brings us one more step to become a welcoming house for digital asset companies. Now, let’s finish work and adopt the legislation on the structure of the market to fulfill the vision (Trump) to become the cryptographic world capital”, Lummis posted at X.
