Circle CEO: The U.S. has a “very good chance" of passing a stablecoin law this year”
Circle CEO Jeremy Allaire said that the United States has a “very good chance” of passing a stablecoin law this year. He believes that the regulatory development of the cryptocurrency industry on a global scale is accelerating, and the United States is more likely to approve a stablecoin law than before.He said: “I think what you see is the wishes of the government, the Ministry of Finance, the Federal Reserve, and the two houses of Congress. Of course, it is the wishes of both parties.” Dante Disparte, chief strategy officer and head of global public policy at Circle, agrees with Allaire that the United States will introduce stablecoin rules in 2024.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
BTC market cap briefly dropped out of the top 15 global assets
From $617 to $350: CVS Sets "Break-Even Price" for Weight-Loss Drugs, Says Pharmaceutical Companies Can Still Profit
An analysis of insurance claims data found that if GLP-1 drugs used for weight loss and diabetes are priced below $350 per month, payers—such as employers and plan sponsors—would achieve net savings due to a decrease in related healthcare service utilization.
UNI falls below $5
Crypto prices
More
