


Bernstein reported that the United States has passed the GENIUS Act and is preparing the CLARITY Act. These laws aim to incorporate cryptocurrencies into a comprehensive regulatory framework.
On the other hand, it appears that the supply of stablecoins has surpassed $260 billion. The interest from institutional investors is increasing the focus on cryptocurrency exchange-traded funds (ETFs) and initial public offerings (IPOs).
Bernstein predicts that a new and sustainable crypto cycle will shape itself through regulations, institutional adoption, and the integration of blockchain into capital markets.
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