The U.S. Senate is talking about new rules for cryptocurrencies! They're especially focused on stablecoins – these are digital coins that try to stay the same price, like a dollar. They want to make sure crypto is safe and fair for everyone.
- Congress wants to create laws for stablecoins first.
- They are discussing how to make sure people using stablecoins are identified (KYC).
- Experts are debating about how to regulate all the different parts of the cryptocurrency world.
- Some think waiting to make more rules might be better.
Topic | Details |
---|---|
Stablecoins | Digital money designed to hold a steady value. |
KYC | Knowing who is using cryptocurrency to prevent bad things. |
Regulation | Making rules for how cryptocurrencies are used. |