President Trump Expresses Intent to Clarify Cryptocurrency Market Framework

On the evening of June 12, President Trump delivered a speech via a recorded message at the cryptocurrency summit hosted by Coinbase. 'I am honored to be called the Cryptocurrency President,' he stated, highlighting a shift from the cryptocurrency regulatory path of the former Biden administration. In his speech, he clearly expressed his intention to secure a future advantage for the U.S. in the cryptocurrency market. His administration is pushing for the enactment of the GENIUS Act, which supports the creation of dollar-linked stablecoins, and is committed to establishing a clear and concise market framework for the cryptocurrency sector. The GENIUS Act was passed in the U.S. Senate on the 11th with a motion to close debate by a vote of 68 to 30, setting the stage for the final vote...