Daily Crypto News June 21: The Genius Act: Stablecoin Regulation or Regulatory Capture?
As the Genius Act makes its way through Congress, a fierce debate is brewing over what it could mean for the future of money. The bill, already passed in the Senate and now under consideration in the House, aims to regulate stablecoins—cryptocurrencies pegged to the U.S. dollar. But behind the jargon lies a deeper concern: are we empowering the private sector to control the future of finance?
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