Circle praises the <GENIUS Act> passage: This is crucial for the future of money and the internet finance system

By: theblockbeats.news|2025/07/18 04:11:46

BlockBeats News, July 18th, USDC issuer Circle released an article stating that the House of Representatives voted to approve the "GENIUS Act" for presidential signature, which is crucial for the future of currency and the Internet financial system. This indicates strong bipartisan support for responsible innovation and makes it clear that the United States will take a leadership role in regulating dollar-backed payment stablecoins.

Circle highly praises the regulatory foundation built by congressional leaders, putting consumer protection, financial integrity, and U.S. competitiveness at the forefront.

A whale shorting ETH 20x has added more than $17 million in the past 6 days to avoid liquidation Ethereum will celebrate its 10th anniversary on July 30th, and the Ethereum Foundation will host global community events in cities such as Shenzhen, China.

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