📰 News Alert...

🔖 Title: Elizabeth Warren Criticizes GENIUS Act Over Stablecoin Concerns Ahead of Final Vote

🗓️ Published: 2025-06-16

📄 Summary: Senator Elizabeth Warren has raised new concerns about the GENIUS Act, a proposed bill aimed at regulating stablecoins in the US financial system. Warren warns that the bill may enable billionaires to launch stablecoins capable of tracking user activity and potentially infringing on privacy. Her statement comes just before the bill’s final vote, highlighting ongoing debates about the balance between innovation and consumer protection in the rapidly evolving cryptocurrency landscape.