Bitcoin rises after US Senate passes stablecoin bill
The bill is the first to establish federal guardrails on digital currencies and will now go to the House, where it is expected to be passed.
1' min read
1' min read
Bitcoin rises slightly after the US Senate passed a bill to regulate stablecoins, a widely used cryptocurrency typically pegged to a government currency such as the dollar.
The bill is the first to establish federal guardrails on digital currencies and will now go to the House, where it is expected to be passed.
Loading...
This is an important milestone for the industry, which gives hope for further legislation to improve the legitimacy of cryptocurrencies and thus support demand.
Bitcoin rises at 10:10 a.m. by 0.7 percent to $105,295 as reported by Il Sole 24 Ore. Gains are limited as investors remain cautious on risky assets due to the conflict between Israel and Iran.
Copyright reserved ©
Brand connect
Loading...
