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Crypto Bill Passed: Will Legitimize Stablecoins, Says 1inch CCO
Crypto Bill Passed: Will Legitimize Stablecoins, Says 1inch CCO
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BTCCSquare news:
The U.S. House of Representatives narrowly passed a pivotal crypto bill on July 16, with a 215–211 vote, advancing the GENIUS Act and the Digital Asset Market Clarity Act. The legislation marks a critical step toward regulatory clarity for stablecoins and digital assets.
Sergej Kunz, CCO of 1INCH Network, hailed the move as a legitimizing force for stablecoins, signaling growing institutional acceptance. The bill’s passage follows an initial setback, reflecting mounting political momentum for crypto frameworks.
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