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What the GENIUS Act could mean for stablecoins, crypto investors and potentially taxpayers

By Yahoo! Finance   |   4 days ago
What the GENIUS Act could mean for stablecoins, crypto investors and potentially taxpayers

The GENIUS Act aims to regulate stablecoins, a $200 billion sector of the cryptocurrency market, to facilitate their use in everyday transactions. Critics warn of potential risks such as bypassing bankruptcy laws and potential bailouts.

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