@brubino.eth
🚨 Breaking: the GENIUS Act just passed in the Senate!
A major step toward clear rules for #crypto and #stablecoins. Stability, transparency, real reserves. All very promising. 🍾
But... plot twist! 🎩✨
The ban on holding interests in stablecoin issuers applies to members of Congress — but not to the President or Vice President.
Wait… really? So they can invest? Launch their own stablecoin? 🤔😲👀
🔍 Like… USD1 by World Liberty Financial? 🤨
👉 For a quick look at the key features:
https://open.substack.com/pub/bepperubino/p/genius-act-america-regulates-stablecoins?r=egsuc&utm_campaign=post&utm_medium=web&showWelcomeOnShare=true
#GeniusAct #Stablecoins #CryptoPolitics #NothingToSeeHere #USD1
0 reply
0 recast
0 reaction