#AltcoinBreakout 🇺🇸 The USA is preparing to approve a law on stablecoins
This week, the House of Representatives plans to pass the first major law on digital assets — it could be an important victory for the crypto industry. The document will pave the way for dollar-pegged stablecoins and will be sent to the president for signature.
What else is being discussed:
⏺ The law on the structure of the crypto market — proposes transferring oversight to the CFTC, not the SEC
⏺ A ban for the Federal Reserve on issuing a digital dollar
Positions of the parties:
⏺ Republicans — in favor of expanding the crypto market and pro-crypto legislators
⏺ Democrats — against, criticize risks to consumers and conflicts of interest in the Trump family
⏺ Trump — promises to make the USA the "crypto capital of the world"
🗓 The Senate deadline for the market structure law — by September 30.