Summary
- The 'GEUIUS Act', a bill related to stablecoins, has reportedly passed the US Senate vote.
- The bill states that it includes 100% reserves, issuance licenses, as well as requirements for transparency and auditing.
- It is evaluated as a green light for institutional entry into the digital asset industry.
The US stablecoin bill, 'GEUIUS Act', passed the Senate vote on the 18th (local time) with 68 votes in favor and 30 against.
The GEUIUS Act is a bill that includes requirements such as 100% reserve for all stablecoin issuers, issuance licenses, transparency, and audit requirements, and is regarded as a green light for institutional entry into the digital asset industry.
YM Lee
20min@bloomingbit.ioCrypto Chatterbox_ tlg@Bloomingbit_YMLEE
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