Hello Publish0xians,
With The House passing On Thursday, in a bipartisan whooping vote of 308-122... this is a huge win in the crypto space for the stable tokens. The bill which is called The Genius Act was recently passed the house of Senate in June and now poised to become the first-ever U.S. crypto legislation; once Trump decides to stop playing with his ball, triangle & square wooden toy.
Pretty much the useless house of old timers passed a broader bill trying to control the market in some type of fashion that involves exchanges, brokers and anybody else in the crypto sphere. By saying this the legislation logically is trying to oversee the digital market like a helicopter parent.
Old timer, Mr. Gottheimer said that they want to bring clarity to the market by making rules that nobody will follow. Which is driving most of the big wig investors to other parts of the world to do business where its cheap and less rules in place to profit.
On the other hand, lawmakers have banned central-banking digital currencies.
Leading company called, Coinbase Global and many more in that sphere want to bring about a regulatory to their battles within their businesses because of cost and many more other reasons that they don't tell the public.
Many conservatives have questioned that a centralized digital currency could be used for government surveillance or rob people by tracking their mac address or geolocation from any web browser.

I'm looking forward to hearing your perspective!
Take care and talk soon,