The recent Senate progress on the GENIUS Act and the CLARITY Act represents major strides toward properly regulating cryptocurrency in the US.
The GENIUS Act targets stablecoins, while the CLARITY Act tackles jurisdictional issues between the SEC and CFTC - both crucial bipartisan efforts aimed at strengthening the global legitimacy of the crypto industry.
So how does the US regulatory approach compare to proactive regions in Asia, like Hong Kong, which is already pushing for stablecoin clarity?
On The Wealth Tracker, Hongbin Jeong speaks to Hassan Ahmed, Country Director, Singapore, Coinbase, to find out more.
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