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- 🎉 The #CandyDrop Futures Challenge is live — join now to share a 6 BTC prize pool!
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Event ends: August 9, 16:00 UTC
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The U.S. House of Representatives passed the GENIUS Act, which may exempt security tokens from SEC registration.
[Coin World] The U.S. House of Representatives has passed the GENIUS Act, allowing security tokens to be exempt from SEC registration. The bill aims to provide regulatory certainty for Blockchain projects, stipulating that tokens meeting specific conditions can be exempt from securities law registration requirements, but must comply with AML and investor protection regulations. Supporters claim this will promote innovation, while critics worry it undermines investor protection. The bill still needs to pass the Senate.