Chainlink’s price skyrocketed nearly 12% in 24 hours following the Genius Act passage, which clarifies crypto custody regulations for U.S. Banks. This legal clarity significantly boosts demand for Chainlink’s compliance solutions.
Chainlink’s Automated Compliance Engine (ACE) is now a key component for banks under the new legal framework, ensuring compliance while the supply of LINK on exchanges reaches a record low, showing robust investor confidence.
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