Threats to the Dollar's Dominance, Congressional Hearing on Illicit Finance, and Calls for Crackdown on Non-Compliant Offshore Firms

This chapter explores the threats to the dollar's dominance and how stablecoins bolster its position. It further delves into a congressional hearing where representatives from crypto companies testify about illicit finance and argue against imposing the Bank Secrecy Act on miners and validators. Additionally, reactions from the crypto community are included.