Industry Urgent Warning! Several executives and institutions are calling out: If the GENIUS stablecoin bill is amended according to banking lobbying to restrict its yield mechanism, it could be a "national security trap"🚨
Crypto lawyers point out that this could push funds toward China's digital yuan. The association states that this is a competitive barrier created by traditional banks after reaching consensus. Novogratz also straightforwardly said: It would be a mistake for the US to withdraw regulations at this time.
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Industry Urgent Warning! Several executives and institutions are calling out: If the GENIUS stablecoin bill is amended according to banking lobbying to restrict its yield mechanism, it could be a "national security trap"🚨
Crypto lawyers point out that this could push funds toward China's digital yuan. The association states that this is a competitive barrier created by traditional banks after reaching consensus.
Novogratz also straightforwardly said: It would be a mistake for the US to withdraw regulations at this time.