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The White House has officially confirmed a major regulatory milestone for the cryptocurrency industry, moving beyond the previously reported tentative agreement with the US Senate. This development marks a significant shift toward a formal legislative framework, aiming to provide long-awaited clarity for digital asset firms and traditional banks. While the move is seen as a catalyst for institutional adoption, market analysts are now warning of an imminent "price earthquake" and high volatility for Bitcoin. Significant price swings are expected as the market adjusts to the new regulatory landscape and the transition away from the SEC's previous "regulation by enforcement" approach. The confirmed milestone establishes a structured legal environment that defines the roles of various financial entities within the crypto space. This step reflects the US administration's commitment to integrating digital assets into the broader financial system while balancing innovation and market stability.
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