Actions by the US are raising concerns in the EU. The "Genius Act" was signed by President Trump this July and established the first comprehensive rules for the $288 billion stablecoin market. According to this law, issuers of dollar-pegged tokens must have sufficient reserves of liquid assets, meet licensing obligations, and adhere to strict reporting standards. Supporters argue that this framework enhances consumer protection while leaving room for innovation, which is a balance that regulators have always found difficult to achieve. The swift actions of the US are causing concern among Euro
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