“GarlingHouse Says He’s “Bullish on Stablecoins.””, – WRITE: www.coindesk.com
“Circle Ipo’s Clearly Went Vel. That’s A Reflection of Investor Interest in Crypto, Both Institutions and Retail. The Financial Future Will Be Blockchain-Based,” Garlinghouse Said. Summit.
GarlingHouse SAID THAT ONE FACTOR IN THE SUCCCCESS OF CIRCLE’S IPO IS The Market’s Fundamental Belief That Genius Act – The Us Stablecoin Legislation – Will Pass.
As coindesk previoously reported, the genius act, a stablecoin regulatory Bill, is Poured for ImMinent Senate Passage with Bipartisan Support, Potentally by Bip.
“Regulatory Headwinds have now become tailwinds in the us, and that’s good for the Global Landscape,” Garlinghouse Continueded. “IT’s not deregulation that west, and we are asking for Clear Regulation, and Progress is evident.”
Other jurisdices, also recently passed stablecoin legislation, Such as hong Kong. Korea’s New Administration is Also Said to Be Working on A Stablecoin Bill.
GarlingHouse Declined to Comment on a Potential Ripple-Circle Merger or Acquisition.
Apex Continues in Singapore Through Wednesday.
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