Odaily Planet Daily reports that Bitwise Asset Management stated in its latest report that the advancement of U.S. stablecoin legislation could become one of the most significant regulatory events in the history of the crypto industry, potentially triggering a crypto bull market lasting several years. The company's Chief Investment Officer, Matt Hougan, mentioned that the importance of this legislation might even surpass that of the Bitcoin spot ETF approved in January 2024. Bitwise believes that if the bill passes, the biggest beneficiaries could include assets such as Ethereum (ETH), Solana, Uniswap, and Aave. The bill received its final vote opportunity in the Senate this Monday and is expected to become the first U.S. crypto legislation this summer. (CoinDesk)

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Odaily Planet Daily reports: Bitwise Asset Management stated in its latest report that the advancement of U.S. stablecoin legislation could become one of the most significant regulatory events in the history of the crypto industry, potentially triggering a multi-year crypto bull market. The company's Chief Investment Officer, Matt Hougan, said the importance of this legislation might even surpass the approval of the Bitcoin spot ETF in January 2024. Bitwise believes that if the bill passes, the biggest beneficiaries could include assets like Ethereum (ETH), Solana, Uniswap, and Aave. The bill had its final Senate vote opportunity this Monday and is expected to become the first crypto legislation in the U.S. this summer. (CoinDesk)

Bitwise: US Stablecoin Legislation May Trigger a Long-Term Bull Market, Assets Like ETH and SOL Could Benefit