Coinbase CEO: Cryptocurrency laws are expected to be introduced quickly in the United States after Trump takes office
2024-12-02 06:43:14
Coinbase chief policy officer Hilzard called thinks Trump general into main White Housedesk3cryptocurrencydesktopCrypto News
, Coinbase's chief policy officer, Hilzad, said he believes cryptocurrency legislation will move "fairly quickly" through Congress after Trump enters the White House. Trump was known for his well-known pro-cryptocurrency policy platform during his campaign. His comments come as two key cryptocurrency-related pieces of legislation are advancing through Congress. One is the Republican-sponsored 21st Century Financial Innovation and Technology Act, which aims to establish a legal framework for digital assets. The bill passed the House earlier this year. The other is the Payment Stablecoin Clarity Act, which seeks to establish a regulatory regime to license issuers of stablecoins - tokens pegged to the value of fiat currencies such as the U.S. dollar. The stablecoin bill has yet to be voted on in the House.
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