Genius Act: Bipartisan Efforts on #Stablecoin Regulation | CrispyBull
https://crispybull.com/genius-act-bipartisan-efforts-on-stablecoin-regulation/
Genius Act: Bipartisan Efforts on #Stablecoin Regulation | CrispyBull
https://crispybull.com/genius-act-bipartisan-efforts-on-stablecoin-regulation/
Stablecoins are the new American CBDC
"[...]The legislation would establish a dual regulatory system. Stablecoin issuers with a market capitalization exceeding $10 billion will fall under the direct oversight of the Federal Reserve. Smaller issuers can choose to be regulated at the state level.
Proponents see this approach as a compromise between federal control and state-led innovation. It leaves room for competition while enforcing uniform standards across the industry."
#Technocracy Agenda 2030