US Bankers Fight Stablecoin Bill as Threat to Market Share

The GENIUS Act is facing resistance from banking institutions and key lawmakers like Senator Elizabeth Warren, who argue that only regulated financial entities should issue stablecoins.

Mar 14, 2025 - 04:00
US Bankers Fight Stablecoin Bill as Threat to Market Share
The GENIUS Act is facing resistance from banking institutions and key lawmakers like Senator Elizabeth Warren, who argue that only regulated financial entities should issue stablecoins.
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