Yesterday 18th June … It was still a busy day for our ecosystem. On the one hand, the United States will regulate stablecoins with the brilliant law. On the other hand, the American currency policy will ignite under Donald Trump’s attacks. Meanwhile, institutional actors strengthen their positions in bitcoins and XRPs and testify to the growing acceptance of crypto-active in traditional financial circles. Overview of messages rich in contradictory signals.
- The United States accepted a brilliant act and marked a historical turning point in the regulation of stablecoins.
- Donald Trump intensified his criticism of Jerome Powell and supported tensions in the financial markets.
The act of brilliant drives Stablecoins to the new era
The US Senate has officially accepted Genius negotiates 68 votes against 30. This bipartisan legislation, unprecedented from the Dodd-Frank law, sets out a strict control framework for stablecoinschallenging reservations 100 % in dollars or treasures. The text received explicit support from Biden amendments and research from the meanings of political consensus on this topic.
Scott Bessnt, New Minister of Financeappreciated this adoption and estimated that the Stablecoins market could achieve By 2030 $ 3,700 billion. According to him, the demand for Stablecoins will lead to a massive absorption of American sovereign debts with a positive impact on the cost of loans of the federal state.
Trump persists and signs: frontal attack on Powell
In a Filter -Bez DeclarationDonald Trump called Jerome Powell ” not intelligent And predicts the lack of a decline in leadership rates at a Fed meeting scheduled on Wednesday. Since his return to the White House in January, Trump actively campaign In order to immediately reduce rates by 1 %, inflation believes is now under control.
Crypto markets remain under voltage: until the Fed shows signs of relaxation, Bitcoin is trying to exceed $ 70,000 and institutional flows remain -a -As.
Blockchain group is strengthened in bitcoins
The company said the Blockchain Group announced the purchase of an additional 182 BTC for approximately EUR 17 million.
With this operation, its total supply now reaches 1,653 BTC, making it one of the largest European holders of digital assets for cash purposes.
Canada launches the first place ETF XRP
18th June the company launched 3IQ first ETF Spot supported XRP on the Toronto Stock Exchangeunder XRPQ and XRPQ.U. The fund funds will be free of charge in the first six months to attract institutional and individual investors.
Ripple Labs, visibly confident in the legal viability of its token, is one of the first fans of the fund. This starting strengthens the position of Canada as a leader in receiving the ETF Crypto.
Gemini against CFTC: The Judicial War continues
Gemini, the Winklevoss brothers, blame CFTC of the fact that they have launched a real judicial harassment since 2017. The court crystallizes the tension between technological innovations and regulatory supervision in the United States, where SEC also multiplies action against giants in this sector.
Between innovative regulation, political tensions and specific adoptions, the current state of the crypt of the world symbolizes 18 June: at the intersection between institutionalization and political instability. For the next few months, it will be decisive to find out whether the wind will sincerely change in favor of the overall integration of digital assets or whether the uncertainty continues to limit their flight.
(Tagstranslate) Donald Trump (T) United States (US)