US Crypto Regulations: Focus Shifts to Stablecoins and Banking Ahead of Tax Reform

“👑Congressional Puppet Masters: The Crypto Dance of Stablecoins & Banking 🎭”

US Crypto Regulations: Focus Shifts to Stablecoins and Banking Ahead of Tax Reform

Oh, what folly! Mattan Erder, a wise counselor at the grand Orbs blockchain network, doth ponder that tax regulation shouldst not reign supreme. Nay, a more refined focus on securities and banking’s tangled web couldst yield much fruit for our beloved crypto realm.

Erder, an optimist amongst us, seest a bright future under the Trumpian banner, deeming it most hospitable to the crypto folk. Yet, he remindeth us that the King’s decree alone cannot move mountains; ’tis Congress who must join the revelry for true change.

Alas, despite the kingdom’s efforts to amass a mighty Bitcoin hoard, banking access remaineth a dragon to slay. The specter of debanking haunteth us still, and whispers of true progress echo not until the year 2026, when the Federal Reserve may see a change in its guard.

Stablecoin legislation, oh how it doth beckon! David Pakman from CoinFund prophesizeth that the passing of these bills could usher in a new era, where traditional finance’s stalwarts might dance to the blockchain’s tune. Lower costs, greater transparency, and efficiency in money’s transfer await us all.

And lo, this shift couldst bolster the crypto kingdom’s growth tenfold, once the GENIUS Act, a topic of much debate in Washington, doth lay down the law for stablecoin collateral and AML compliance. So let us await the dawn of a new crypto age!

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2025-03-31 09:13