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Member-only story

Jonny Fry6 min read·1 day ago

Written by James Tylee Founder of Cyber.FM

In a move of historic consequence for digital finance, Washington has ended the era of regulatory ambiguity, embracing a strategy that positions America to dominate the next chapter of the global economy. The world of digital assets has long been characterised as a financial frontier, a “Wild West” defined by permissionless innovation, volatile speculation, and a conspicuous absence of government oversight. That era, however, came to a definitive end in a rare display of bipartisan consensus on a technology issue, the United States Congress advanced a powerful legislative agenda that fundamentally reshapes the landscape of digital currency. The House passed the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act with a commanding 308 to 122 vote. In addition, lawmakers approved the Digital Asset Market Clarity (CLARITY) Act

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