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House Financial Services Committee Chairman French Hill (R-AR) stressed that a well-regulated stablecoin market is essential for maintaining the U.S. dollar’s global dominance during a congressional hearing on March 11. The hearing, titled “Navigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences of a U.S. Central Bank Digital Currency,” examined how stablecoins can reinforce the dollar’s position in international finance. The lawmaker asserted: A properly regulated stablecoin market can strengthen the U.S. dollar’s dominance, modernize our payments infrastructure, and promote financial access without government overreach. The Committee discussed the STABLE Act, which aims to provide clear regulatory standards for stablecoin issuers while ensuring compliance with financial regulations. Hill emphasized that stablecoins are already contributing to the dollar’s influence by facilitating global transactions and reducing friction in cross-border payments. He highlighted: Every day, there are billions of dollars in stablecoin transactions, reducing friction in cross-border payments, streamlining commercial transactions, and giving more communities broader access to digital financial tools. The Committee has worked on stablecoin legislation since 2022, and the updated STABLE Act reflects input from stakeholders to strengthen operational standards and regulatory oversight. By ensuring that stablecoins operate within a clear legal framework, lawmakers aim to enhance their role in international finance while reinforcing the dollar’s dominance as the world’s primary reserve currency. Hill also warned that a central bank digital currency (CBDC) could undermine the dollar’s competitive advantage by centralizing financial power within the federal government. He argued: “A government-controlled digital dollar would put the Federal Reserve in direct competition with the private sector and undermine the very progress that stablecoins are making.” Instead of strengthening the dollar, he contended that a CBDC could “suppress competition, jeopardize financial privacy, and weaken the role of the U.S. banking system.” The hearing also addressed Representative Tom Emmer’s Anti-CBDC Surveillance State Act, which seeks to prevent government overreach in digital currencies. Hill reaffirmed the Committee’s commitment to ensuring the U.S. remains the leader in financial innovation, with stablecoins playing a key role in sustaining the dollar’s global dominance. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

The U.S. House of Representatives approved H.J. Res. 25 on March 11, aiming to overturn the previous administration’s “Broker Rule,” which critics argue imposes excessive burdens on digital asset transactions and stifles innovation. This follows the Senate’s passage of S.J. Res. 28 on March 5. The measure seeks to nullify an Internal Revenue Service (IRS) regulation that requires certain brokers, including decentralized finance (DeFi) entities, to report transaction details. Supporters of the resolution contend that the rule imposes unnecessary compliance costs and threatens to drive cryptocurrency development overseas. House Financial Services Committee Chairman French Hill (R-AR) praised the decision, stating: The previous Administration’s controversial ‘Broker Rule’ is a clear example of government overreach that threatens to push American digital asset development overseas. The lawmaker added: “I was proud to protect America’s leadership in the digital asset ecosystem and vote to overturn this harmful, anti-innovation midnight rulemaking.” Hill also underscored the need for bipartisan action to refine cryptocurrency regulations: “I look forward to working in a bipartisan manner to ensure the digital asset reporting requirements from the Infrastructure Investment and Jobs Act match the technology’s operation. We must bring legal and regulatory certainty to ensure these technologies and entrepreneurs can flourish here in the United States.” House Republican Conference Chairwoman Lisa McClain (R-MI) commented: We voted to reverse another burdensome regulation that created unnecessary bureaucracy in our digital asset sales. House Republicans are easing restrictions, spurring innovation, and making America more competitive. President Donald Trump must sign the resolution for it to become law. The White House has expressed support for the measure, aligning with its broader strategy to ease regulatory constraints and foster innovation in the digital asset sector. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到[email protected]，本平台相关工作人员将会进行核查。

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Terminus Network has come forward this time with the news of an exciting collaboration with Onmi, an augmented reality role-playing game. By combining their strengths, they aim to revolutionize the world of gaming leveraging payments through cryptocurrency, providing users with unique storytelling and gameplay. 🗺️ Adventure meets crypto!@terminus_pos is partnering with @onmi_ar, the treasure map AR RPG that’s redefining entertainment with immersive storytelling and interactive gameplay.About Onmi:Onmi is a groundbreaking AR RPG that combines treasure hunting, storytelling, and… pic.twitter.com/I4OzxeG7pK — Terminus (@terminus_pos) March 9, 2025 Terminus and Onmi Bringing Forward a New Era of Crypto Gaming Terminus and Onmi share a mutual vision to bring cryptocurrency into the world of adventure. The platforms have partnered to integrate entertainment with cryptocurrency utility. By employing their mutual strengths, both companies are set to create a world where users can engage in thrilling adventures and explore digital landscapes while utilizing their crypto assets. The users will earn rewards and other perks. Together, Terminus and Onmi are poised to build an innovative future where gaming is not restricted by any traditional boundaries. Onmi; A Ground-breaking AR Role Playing Game With its innovative use of augmented reality technology and engaging gameplay mechanics, Onmi is set to become the go-to app for adventure seekers across the globe. The game combines treasure hunting, compelling narratives, and cutting-edge technology to deliver unparalleled entertainment. Players can immerse themselves in a richly detailed world, embarking on quests and discovering hidden treasures while interacting with other adventurers. To conclude, the exhilarating alliance of Terminus and Onmi is a dream come true in the merge of gaming and crypto. They have created an exciting platform to appeal to crypto users as well as gamers as crypto assets will now be utilized while gaming. As this partnership unfolds, let’s see what is more to uncover in their magic hat.