#StablecoinLaw #StablecoinLaw
The #StablecoinLaw aims to regulate digital currencies pegged to stable assets like the US dollar. It ensures issuers maintain full reserves, undergo regular audits, and comply with anti-money laundering (AML) and know-your-customer (KYC) rules. The law promotes transparency, investor protection, and financial system stability while encouraging innovation in the crypto space. It may require stablecoin issuers to register with financial authorities and hold reserves in FDIC-insured institutions or short-term government securities. With growing adoption of stablecoins in payments and DeFi, the #StablecoinLaw is seen as a critical step toward bridging traditional finance and blockchain technology responsibly.