US Senator Lummis Announces Support for GENIUS Act to Regulate Stablecoin Market "

Crypto 7x24

2025-05-07 10:12:08

1.09W

According to online reports, U.S. Senator Cynthia Lummis said that the GENIUS Act aims to strengthen supervision of the stablecoin market. The core contents include: requiring all stablecoins to achieve full 1:1 reserves, protecting consumer priority rights in the event of bankruptcy, and establishing strict marketing compliance standards.

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