US Becomes Crypto Capital with New Regulatory Framework
The U.S. is fast becoming the global crypto hub, thanks to a new regulatory framework. The GENIUS Act has bolstered the stablecoin market, while the upcoming CLARITY Act aims to create a unified market structure for digital assets. SEC Chair Atkins Project Crypto seeks to integrate blockchain into securities markets, reducing risk and encouraging institutional involvement. Crypto ETFs now hold $160 billion, and the digital asset IPO market has raised $4 billion since January. Publicly traded crypto firms market value has surged from $80 billion to $380 billion, with major players like Coinbase and Robinhood now part of the S&P 500, signaling a more sustainable crypto cycle.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.