BlackRock Affirms Stablecoins’ Lasting Role in Finance Amid New U.S. Legislation
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BlackRock (NYSE:BLK) has stated that new U.S. legislation, particularly the Genius Act, is solidifying the role of stablecoins in the global financial system. The asset management firm also noted bitcoin's potential as a long-term growth asset, indicating a positive outlook for both stablecoins and cryptocurrencies in light of recent regulatory developments.
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