Breaking: Crypto Bill Passes—Stablecoins Set for Legitimization, 1inch CCO Confirms
The regulatory dam just cracked. A landmark crypto bill clears the way for stablecoins to shed their 'wild west' reputation—while Wall Street scrambles to keep up.
Legacy finance won't like this...
1inch's Chief Compliance Officer calls it a 'watershed moment' for crypto legitimacy. No more regulatory limbo for dollar-pegged assets—just watch the suits try to slap a 2% management fee on them now.
Behind the scenes: Lobbyists are already carving this new framework like a Thanksgiving turkey. Will compliance kill innovation—or finally force TradFi to compete on a level playing field?
One thing's certain: The era of 'move fast and break things' just got a legal safety net. Whether that's progress or paperwork depends which side of the ledger you're on.
After an initial failure, the U.S. House of Representatives finally passed the crypto bill on July 16, with a narrow 215–211 vote. This allows the GENIUS Act and the Digital Asset Market Clarity Act (Clarity Act) to move forward for final approval. Read More
