Mars Finance News, SEC Chairman Paul Atkins revealed in an interview with Fox Business that the U.S. Congress passed and the President signed the landmark “The Genius Act” at the end of last year. This is the first time the U.S. government has officially recognized crypto assets through legislation, providing a clear regulatory framework for stablecoins. Atkins emphasized that Congress is actively advancing legislation to structure the cryptocurrency market to enhance market certainty, aligning with Trump’s goal of creating the “World Cryptocurrency Capital.” He expressed optimism that the relevant bill will be passed and signed into law this year, believing it will significantly promote the development of the crypto market and strengthen investor protection.
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SEC Chair: The US is advancing cryptocurrency legislation, with Trump aiming to create the "world's cryptocurrency capital"
Mars Finance News, SEC Chairman Paul Atkins revealed in an interview with Fox Business that the U.S. Congress passed and the President signed the landmark “The Genius Act” at the end of last year. This is the first time the U.S. government has officially recognized crypto assets through legislation, providing a clear regulatory framework for stablecoins. Atkins emphasized that Congress is actively advancing legislation to structure the cryptocurrency market to enhance market certainty, aligning with Trump’s goal of creating the “World Cryptocurrency Capital.” He expressed optimism that the relevant bill will be passed and signed into law this year, believing it will significantly promote the development of the crypto market and strengthen investor protection.