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US Vice President Harris: GENIUS Act Will Accelerate Stablecoin Payment Adoption, Protect Holder Rights

BlockBeats News, May 29: During the Bitcoin 2025 Conference, US Vice President Vance, in a speech, stated that once the "GENIUS Act" is implemented, it is expected to significantly expand the use of stablecoins as a digital payment system, providing convenience to millions of Americans. At the same time, this will also protect coin holders and enhance market transparency. (Golden Finance)

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During the GENIUS Act legislative process, lawmakers from both parties engaged in a key game of chess on the stablecoin issue, with debate focusing on the possibility of tech giants issuing stablecoins, the business relationship between President Trump and the crypto industry, and the shortcomings of the bill in terms of anti-money laundering, among other aspects.
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