💨 Abstract

The U.S. House of Representatives is poised to vote on significant crypto legislation, including bills on stablecoins and regulatory frameworks for digital assets. These measures, backed by President Trump, aim to legitimize the crypto industry and establish clear regulations, potentially extending the U.S. dollar's influence in cryptocurrency. Additionally, a bill to block a central bank digital currency (CBDC) is under consideration, citing privacy concerns.

Courtesy: AFP