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Why the crypto leaders feel optimistic about the future

AFALSA-initial and regulatory red, Cripto’s future in America can be re-converted something deceptively simple: a digital dollar that does not fluctuate value.

Stablecoins-CPTographies are secured in the US dollar – they still become the center of a new approach to Washington digital property. With President Donald Trump now publicly embraced crypto Both bipartizan building in Congress, legislators have a rare chance to cross the first main cryptic legislation in the country. But industry leaders warn: move too slowly or too ambitious, and even for a narrow victory to slip.

It was a consensus in a Weather100 Conversations Talk entitled “Future Future: Can regulate strength innovations?” On Saturday, 26. April, where some of the most influential players of Cryptova gathered before the correspondence of the White House to dig a digital asset that could form the following chapter of finance and economic progress in decades.

The Commission has moderated the correspondent of the weather technology andrev R. Chow and presented the Dante dispant, the main strategic officer – the Commission Commission Sponsor for Trade Commission (CFTC) Trading Commission (CFTC) Caroline Pham, Chairman Federal Depositude Corporation (FDIC). The panelists agreed that it was focused, a narrow account that regulates stablecoins can help cement the dominance of the US dollar in the digital future. They claimed that Congress should pass the legislation of Stablecoin, before broader struggles in the market structure, Cropto, release the opportunity.

“After working in the Senate about many legislative efforts, it was hard to get an account,” McVilliams told Chucklecom. “You have done what you can end, and you call it victory.”

But despite a wide consensus on this issue, the path to regulation is cunning. Recent reports Detailed how some crypts of companies and lobbyists pushed to flute the legislation of stablecoin with a wider, more complex market account – approach that appeared panelists. “It would be a mistake to try to create a common and excellent model where stablecoins and market structure go with shoulder,” Discarte said. “It would deny the president that the bipartic’s legislative victory was ready to go and the president wants to sign it on the table. They can do it before the summer spider and I think it is a deep national security imperative to accurately.”

Indeed, there seems to be a growing energy around crypto in Washington. Trump, who Once called Bitcoin A “SCAM” He accepted the industry – and the industry accepted him immediately. During the pre-election cycle 2024. year, the CRIPTO company and managers pour tens of millions in campaign donations, helping the server in the congress far more friendly to digital property. In March, Trump said To hoped to sign legislation about Stablecoin to August. Since then, both House and Senate have advanced accounts – a stable act and genius board process, stage setup for what could be the first main part of the cryptic legislation in the history of American history.

Read more: As the crypto world learned to love Donald Trump, JD Vance and Project 2025

In its core, Stablechoin digital token is typed in fiasual currency such as American dollars, designed to offer speed and accessibility to crypto property as Bitcoin or Etherm. SteadyCoins today represent $ 238 billion market-Surforse of $ 152 billion just a year ago – and they are increasingly used for all from cross-border payments to decentralized finances. Supporters claim that they could step up the global position of dollars, provide living units on inflationary economies and modernizes the American financial system.

“For me, the key question here is not really a vehicle, but we have to focus on the outcome and award,” Pham said. “Here is a reward that good regulations are good. Anyone who thinks you will (have a) money or banking system without regulations is funny.”

The Decree on StableCoin, the panelists claimed, not only on innovations. It is also financial stability, national security and global competitiveness. “We need to be able to provide the current payment at the speed of the Internet and the speed of human need,” Dispartt said. “Domestic, it’s misery to move the money quickly.”

The house agreed that the moment to work finally arrived, noted that the legislation of Stablecoin was discussed for three consecutive congresses, which stops each time the partisan department and industry. “This was with a low hanging fruit,” she said. “I’m thrilled to go at the end, but I agree that it would be a mistake (that both representations pass together).”

However, not all about the accounts below inspire confidence. Some panelists raised the alarms about the provision in the genius section of the Senate to Allow foreign publishers StableCoin To apply for American licenses directly through the Ministry of Finance – without the same supervision facing domestic companies. It would, warn, could open the door with major players like Tether, international cryptocurries, whose opaque reserves and regulatory controversies have long been concerned American officials.

When asked Chow, author Cryptomania, Whether the party’s side could be able to make Stablecoin in the United States without direct surveillance over the American authorities, he warned that foreign publishers were managed by foreign publishers that they could weaken confidence in the American dollarship.

“I can’t build a car without airbag, then throw it at the streets of the United States without perfecting our security standards,” he said. “What is the incentive to stay in the USA if it is made to be accidentally accessed by the American banking system? … You should not falsify the US dollar and do not commit to the American law and do not commit to the American and American way.”

The house also emphasized the hazards of creating an uneven playground, warning that the Congress is available in the American company, it is “no, in fact, which” no, in fact, which “did not actually set the phase” No, in fact, which “did not actually set the phase” No, in fact, which “did not actually set the phase”. “

Still, political complications. Trump’s growing entanglement with the CRIPTO industry – including the launch of Stephone Brenda Trump through world freedom, a cropto undertaking who supported his family – already caused ethical care. Critics care that Trump’s direct financial share in the market in which she tries to regulate could complicate legislative efforts – or worse, they politicize them.

PHAM, which are the former President Joe Biden appointed as a CFTC Commissioner, and then appointed the acting chair by Trump, noticed that CFTINE was made by CRIPTO much higher focus. “The previous administration was quite skeptical for the crypto industry, if not completely hostile,” she said. In contrast, praised the openness of the Trump administration, stating the top summit of the White House last month – only one day Trump signed the executive order of establishing a “Strategic Bitcoin Reserve. “

“It’s the first time to be there in the room with these new participants in the outdoor market and without stigma,” Pham said. She emphasized the need for a regulatory framework on the principles that enables fair competition and responsible innovation, “adding that CFTC has already abolished the crypts associated with the crypto since 2018. years in order to develop the market.

McVilliams, former Chair of FDIC, echoed that feeling: “Cripto revolution or criptopalooza, it happens,” she said, adding it, you’re on the table on the table. “

Time100 Conversations – Future of Finance: Can regulate strength innovation? He presented the circle.

(Tagstotranslate) Cryptocurrenci (T) News about Desu for News (T) Edits (T) Sponsorship block

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2025-04-26 22:31:00

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