At the TOKEN2049 conference held in Singapore, Bo Hines, the new CEO of Tether's US stablecoin USA₮, conveyed an encouraging message: the regulatory framework for Crypto Assets in the United States may achieve substantial progress within the next two months. Hines, a former White House official, is excited about the positive attitude exhibited by current senators during the legislative process, believing that this momentum is driving the acceleration of a clear regulatory framework.



For a long time, the regulatory environment for Crypto Assets in the United States has been shrouded in uncertainty. The ambiguity of policies and the unpredictability of enforcement actions have not only hindered the development of the domestic industry but have also shaken the confidence of the global market. However, recent policy trends indicate positive changes. From the advancement of supportive legislation such as the GENIUS Act to the new government's open attitude, it shows that the U.S. is shifting from its previous confrontational stance to actively embracing and leading this innovative technology.

Charles Hoskinson, the CEO of Input Output, expressed a similar viewpoint in another speech. He believes that after years of negotiations with the U.S. government, the Crypto Assets industry has finally seen the "light of victory." Now, industry representatives are able to voice their opinions at the policy-making negotiation table, signaling that a more constructive era of dialogue is about to arrive.

These changes are not only significant for the domestic Crypto Assets ecosystem in the United States, but will also have a profound impact on the global market. If the United States can establish a clear regulatory framework in the short term, it will provide a reference for other countries and regions, and is expected to promote coordinated global Crypto Assets regulation.

However, despite the optimistic outlook, industry professionals must remain cautious. The formulation and implementation of regulatory policies is a complex process that may face challenges from various interests and technical implementations. In the next 60 days, we will closely monitor U.S. regulatory developments and hope to see a regulatory framework that balances innovation with risk control.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 7
  • Repost
  • Share
Comment
0/400
LeverageAddictvip
· 10-03 05:37
Trap a loneliness! It's not the first time we have regulation!
View OriginalReply0
SatoshiNotNakamotovip
· 10-02 10:54
Let's open a bottle of champagne first.
View OriginalReply0
OptionWhisperervip
· 10-02 10:53
Let's wait and see for now.
View OriginalReply0
SandwichDetectorvip
· 10-02 10:53
The blue box that I haven't seen for a long time.
View OriginalReply0
NFTHoardervip
· 10-02 10:53
I hope it's not just a big pie in the sky.
View OriginalReply0
ChainSpyvip
· 10-02 10:52
Sounds like another BTC hype.
View OriginalReply0
SilentObservervip
· 10-02 10:47
This trap... I've seen too much of it.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)