Singapores crypto market is cleared out, invisible players emerge, and the Asia-Pacific payment landscape is a Rashomon | Bee Network
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Original author: Bright, Foresight News On the afternoon of June 17, Eastern Time, the U.S. Senate passed the landmark cryptocurrency legislation, the GENIUS Act (Guiding and Establishing National Innovation for US Stablecoins Act), with 68 votes in favor and 30 votes against. The next step will be to submit it to the House of Representatives for deliberation. If it passes smoothly without amendments, it will soon be submitted to U.S. President Trump for signature and implementation. In fact, the House of Representatives does not need an absolute majority vote to approve it. The GENIUS Act has a smooth road ahead after it passed the Senate. This is a historic lobbying victory for digital asset companies in the Senate鈥檚 first vote on comprehensive cryptocurrency regulatory reform. In the words of Tennessee…# Analysis# crypto# defi# Exchange# Market# Token# web3Pre
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- All operations must be ceased by June 30, otherwise they will face criminal penalties. This statement released by the Monetary Authority of Singapore (MAS) on May 30 dropped a bombshell on the Asia...