稳定币大消息！全线大涨

Core Points - The U.S. House of Representatives passed the GENIUS Act, a stablecoin regulatory bill, which is now awaiting Trump's signature for enactment [1] - The bill defines "payment stablecoins" and establishes a regulatory framework, reserve requirements, and investor protections [1][2] Regulatory Framework - Only "Permitted Payment Stablecoin Issuers" (PPSI) can issue stablecoins in the U.S., which includes banks and certain state-level institutions [1] - Issuers with a market cap below $10 billion will be supervised by state regulators, while those above will be directly regulated by the Federal Reserve and the OCC [1] Reserve and Transparency Requirements - Issuers must hold liquid assets equal to the amount of stablecoins issued, ensuring a 1:1 reserve ratio [2] - Regular third-party audits and monthly liquidity reports are mandated to enhance transparency [2] Investor Protection - In the event of issuer bankruptcy, stablecoin holders have priority over other creditors [2] - Misleading marketing practices are prohibited, and issuers must comply with AML and CTF regulations [2] Market Reaction - Following the bill's passage, Circle's stock remained stable, while Coinbase's shares rose over 3% [2] - The cryptocurrency market saw significant gains, with Bitcoin surpassing $120,000 and Ethereum rising over 7% [3] Related Legislation - The House also passed the CLARITY Act, which aims to establish a regulatory framework for cryptocurrencies, transferring more control from the SEC to the CFTC [5][6] - The Anti-CBDC Act was also passed, preventing the Federal Reserve from issuing or testing a central bank digital currency without Congressional approval [6]