News Block: GENIUS Act Turns Stablecoins into a Treasury Lifeline, Did U.S. Govn't Sell Bitcoin?
Coin Stories
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Genius Act: A Double-Edged Sword for Bitcoin and Stablecoins
This chapter delves into the recently enacted Genius Act, examining its implications for digital assets and stablecoins while questioning its true intent in supporting the U.S. Treasury over innovation. The speakers discuss potential shifts towards Bitcoin due to the act's long-term effects on purchasing power and explore forthcoming executive orders and taxation changes on cryptocurrency.
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