"The United States' pro-virtual asset policies expected to benefit Ethereum"

Source
Minseung Kang

Summary

  • It was reported that the United States' pro-virtual asset policies are expected to act as a positive factor for Ethereum (ETH).
  • Grayscale stated that new bills such as the GENIUS Act can clarify stablecoin regulations and contribute to the expansion of investments and acceleration of smart contract adoption.
  • It was projected that Ethereum is highly likely to lead this trend, based on its developer activity and scalability improvements.

There is an outlook that the United States' pro-virtual asset (cryptocurrency) policies will act as a positive factor for Ethereum (ETH).

On the 5th, Grayscale, a virtual asset management company, stated on X (formerly Twitter), "Ethereum can benefit from the United States' pro-virtual asset legislative stance."

In particular, it said, "New bills like the GENIUS Act can clarify stablecoin regulations, expand investments, and accelerate the adoption of smart contracts," adding, "Ethereum is highly likely to lead this trend, based on its active developer engagement and improvements in scalability."

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Minseung Kang

minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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