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- 🎤 Cheer for Your Idol · Gate Takes You Straight to Token of Love! 🎶
Fam, head to Gate Square now and cheer for #TokenOfLove# — 20 music festival tickets are waiting for you! 🔥
HyunA / SUECO / DJ KAKA / CLICK#15 — Who are you most excited to see? Let’s cheer together!
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🎵 The song you want to he - ✈️ Gate Square | Gate Travel Sharing Event is Ongoing!
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🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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There is a new development in the GENIUS bill that will determine the fate of Cryptocurrencies! "Deadline is June 17!"
A new development has occurred in the GENIUS of the U.S. crypto coin friendly stablecoin law. Accordingly, it was reported that the U.S. Senate plans to hold a final vote on the GENIUS Act on June 17.
Date Set for GENIUS!
The U.S. Senate plans to hold the final vote on the GENIUS Act, which aims to create a comprehensive regulatory framework for stablecoins, on June 17.
It was stated in the announcement that the date was set for June 17, but the exact time would be determined later in consultation with the Senate Democratic Leader by the Majority Leader.
If the bill passes the Senate, it will be sent to the House of Representatives for the next vote.
The bill requires that stablecoins be fully backed by US dollars or similar liquid assets. It also aims to create a legal framework for them by mandating annual audits for issuers with a market capitalization over $50 billion and by adding compliance guidelines for foreign issuers.
US President Donald Trump had previously stated in his announcement that he wanted to pass stablecoin legislation by August.
U.S. Treasury Secretary Scott Bessent*** also said earlier this week that stablecoin legislation could pave the way for the USD stablecoin market to reach over $2 trillion by the end of 2028.
*It is not investment advice.
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