About cryptocurrency industry regulation:
On July 18, 2025, the United States signed the GENIUS Act, requiring payment stablecoins to be backed 1:1 by assets such as cash and short-term Treasury securities. Its main provisions take effect no later than January 2027.
The main purpose of KYC and the Travel Rule is to make fund flows traceable and reduce the risk of platforms being used for illegal activities.
$BTC 77290.01（-1.08%）
On July 18, 2025, the United States signed the GENIUS Act, requiring payment stablecoins to be backed 1:1 by assets such as cash and short-term Treasury securities. Its main provisions take effect no later than January 2027.
The main purpose of KYC and the Travel Rule is to make fund flows traceable and reduce the risk of platforms being used for illegal activities.
$BTC 77290.01（-1.08%）
