Mastercard Policy Chief: U.S. Has Reached a 'Turning Point' on Stablecoin Regulation and Digital Asset Adoption

By: theblockbeats.news|2025/07/20 09:42:11
0
Share
copy

BlockBeats News, July 20th, according to DLNews, Jesse McWaters, Global Policy Lead for Mastercard, stated that the U.S. has reached a "turning point" in stablecoin regulation and digital asset adoption. The passage of the "Genius Act," serving as a catalyst for institutional participation, marks a "new era of regulatory clarity and confidence in digital asset regulation." This act allows regulated entities (including banks and corporations) to issue dollar-backed stablecoins under strict reserve, disclosure, and compliance requirements. This is the U.S.'s first specialized cryptocurrency legislation to become law.

You may also like

The large models in the United States are moving towards closure in the name of security

The government successfully inserted itself as an approver between commercial AI models and their users for the first time.

Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion

Overview of Important Market Events on June 25

From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework

Give up on heavily investing in Nvidia's "nine major bottlenecks"! This article analyzes the underlying logic behind top AI investors making billions: physical infrastructure such as electricity, HBM, and optical interconnects are the true keys to wealth in AI hardware.

Why do cryptocurrency projects always like to change their names?

In many cases, the old names of encryption projects have no competitive advantage, only historical baggage.

Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet

The trusted AI prediction ecosystem Manadia, which has secured $7 million in funding from well-known institutions like OKX, will globally launch in June. The core token UMXM has already been listed on multiple mainstream platforms, inviting you to seize the new blue ocean of the trillion-level predi...

Who is footing the bill for the $64 billion accounting frenzy?

Affected by Bitcoin falling below $60,000, publicly listed companies heavily invested in this asset are facing huge paper losses and valuation discounts, and their debt structure and accounting standards may trigger structural liquidity risks in the future.

Popular coins

Latest Crypto News

Read more
iconiconiconiconiconiconicon
Customer Support:@weikecs
Business Cooperation:@weikecs
Quant Trading & MM:bd@weex.com
VIP Program:support@weex.com