Coinbase enta S&P 500 ati US Stablecoin Bill show say pipo don dey like crypto well well, and government don dey look am
Dem dey push well well for US Senate, both side of di party dey agree say dem need quick quick law for stablecoin, so market go fit stable pass and more pipo go dey use cryptocurrency. Dis bill wey dem propose, key senators from both party plus big pipo from crypto world like Coinbase CEO Brian Armstrong support am, e want make dem get clear rules on how to issue stablecoin, how to fight money laundering, and how to protect customers. Even with small small wahala for politics recently, like worries say e fit benefit former President Trump and plenty space for rules wey no clear, dem still dey ginger discussion say e go pass before holiday break. Main things wey dey cause kasala for di law na if stablecoin issuers fit pay interest and how to make sure say banks and crypto firms dey compete fair. Armstrong no like am at all if dem just say stablecoin holders no go collect interest, and e warn say anti-money laundering rules wey too wide fit scatter DeFi protocols. Apart from dat, say dem wan add Coinbase to S&P 500 index soon, to replace Discover, na big win be dat, e show say crypto dey join main finance body well well now, and pipo go fit access am through big companies and 401(k) accounts. Wetin go happen with di stablecoin bill and Coinbase S&P 500 entry important well well for traders, because e show say more big money pipo dey enter di game and say US crypto market fit get better clear rules.
Bullish
Dis news na come out dey ginger the crypto market, especially for things wey join body with Coinbase and stablecoin side. As dem two parties come together to clear up the rules for stablecoin and the way the bill fit pass, e show say big big companies and government don dey see crypto as serious thing. This one fit make more regular people and financial houses adopt crypto. Say dem put Coinbase inside S&P 500 na big deal for history, e go likely make investors get more mind, money go rush in from normal financial area, and people go fit access the market more. All these things fit make the price of things wey relate to Coinbase and stablecoins jump small for short time. For long time, as the rules come clear pass and crypto join the main system, dem expect market to stable and grow well, which go good for traders and big institutions.