Risk Warning: Beware of illegal fundraising in the name of 'virtual currency' and 'blockchain'. — Five departments including the Banking and Insurance Regulatory Commission
Although the GENIUS Act establishes a general framework for the issuance of stablecoins, specific rules such as capital adequacy, liquidity, and risk management still need to be further formulated by regulators.
Since the first half of 2024, the cryptocurrency market has experienced significant growth, with its total market capitalization soaring from $2.31 trillion to $3.33 trillion, a 44.2% increase.
What exactly are Bitcoin's "restrictions"? Why have they attracted so many developers' attention and discussions for years? What programmability can Bitcoin achieve?