The American Treasury Secretary has blown up: either play by the rules or get out of El Salvador!



U.S. Treasury Secretary Janet Yellen just issued a stern warning, urging Congress to quickly pass the "Clarity Act."

Why the rush? She said if the rules aren’t clarified soon, this bill will be dead after the November elections.

And this time, it’s serious:

· Prohibit interest-bearing stablecoins—forget it, don’t do things that upset traditional banks.
· DeFi developers are temporarily safe, but don’t push your luck.
· Exchanges wanting to operate without regulation? Treasury Secretary’s words: If you don’t want to follow the rules, go play in El Salvador.

She specifically called out Coinbase and other “hardliners,” saying they are nihilists who prefer no rules over good rules.

In April, the Senate reviewed the bill, aiming to pass it in May.

Once approved, the U.S. will officially become compliant, and big money will enter; if not, the biggest narrative of this bull market could be snuffed out immediately.
#加密市场小幅下跌 #美伊停火协议谈判再生变故
Do you think this is a big positive or a regulatory crackdown?

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