Elizabeth Warren Warns GENIUS Act Risks US Financial Stability

2025-07-26 17:00:16

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Elizabeth Warren believes the GENIUS Act is a crypto law that Americans can't afford. She also accuses Trump of promoting financial instability. The senator compared the adoption of stablecoin regulation to the conditions that led to the 2008 crisis. Democratic Senator Elizabeth Warren has criticized the recently passed GENIUS Act, which creates a legal framework for stablecoins, accusing the crypto industry of writing the law for itself and warning of a threat to US financial stability, accordi...

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