On July 18th, the White House Press Secretary confirmed backing for the ‘Genius Bill’, aimed at enhancing cryptocurrency regulations and fostering industry growth through clearer policies.
Industry leaders have mixed reactions, with some praising potential stability from the legislation, while others seek additional details regarding its implementation.
As Bitcoin integrates into strategic reserves, its value stands at 119,884.73 USD, showing a 0.42% increase over the last 24 hours and a 5.41% gain over the past week, signaling favorable market sentiment.
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