New Stablecoin Policy in the U.S. : Impact on the Crypto Market!

Crypto News - Posted on 12 February 2025 Reading time 5 minutes

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Since Donald Trump was inaugurated as President of the United States, the crypto industry has experienced rapid growth and increasing optimism. This is due to Trump's pro-crypto stance, which has garnered widespread attention and raised hopes for the sector's future development.

 

According to a report from id.beincrypto.com on February 11, 2025, U.S. Congresswoman Maxine Waters introduced a bill aimed at regulating the issuance of stablecoins in the United States. The legislation requires stablecoin issuers to back their coins with a one-to-one reserve, such as U.S. currency, government bonds, or repurchase agreements backed by Treasury securities. Additionally, the bill mandates oversight by the Federal Reserve and compliance with anti-money laundering regulations.

 

On the other hand, according to a report from id.investing.com, this initiative is part of a broader legislative effort to establish clear regulations for stablecoins, with the goal of protecting consumers and ensuring financial system stability. Previously, on February 4, 2025, Senator Bill Hagerty also introduced a similar bill in the U.S. Senate to outline a regulatory framework for stablecoins.

 

Furthermore, on February 7, 2025, Caroline Pham, Acting Chair of the Commodity Futures Trading Commission (CFTC), announced the launch of the CEO Forum, aimed at discussing stablecoin regulations. This forum will bring together major crypto companies to discuss and propose new policies regarding stablecoins and tokenized non-cash collateral.

 

These measures reflect the U.S. government's commitment to regulating stablecoin usage, with the goal of protecting consumers and maintaining the integrity of the financial system.

 

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