by aria-crypto.com
May 1, 2025 at 16:32
US Crypto Innovation Gains Momentum with New Proposals and Projects
A Texas congressman has proposed installing cryptocurrency ATMs in federal buildings to promote a pro-digital asset environment.
Representative Lance Gooden's initiative aligns with President Trump's vision for the U.S. as a global leader in cryptocurrency and blockchain technology.
He requested the General Services Administration to evaluate the feasibility of the ATMs, emphasizing the need for robust identity verification and transparency in transaction fees.
This proposal emerges amid concerns over crypto ATM fraud, prompting legislation aimed at protecting consumers.
Meanwhile, a new lobbying group, NexusOne, has launched in Washington, D.C., with a focus on influencing cryptocurrency and AI policy.
Led by former Trump administration officials, the firm aims to shape regulatory frameworks for tech innovators.
In related news, the U.S. Treasury forecasts the stablecoin market will expand significantly, reaching $2 trillion by 2028.
Experts warn that this growth could impact the value of the U.S. dollar and increase national debt.
Institutional interest in crypto assets is rising as the market continues to grow, with expected liquidity boosts benefiting major cryptocurrencies like Bitcoin.
As these developments unfold, they signal a transformative period for the U.S. crypto landscape, highlighting the intricate relationship between policy and innovation.
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