Congress passed the GENIUS Act to promote financial stability, not to create backdoor channels that benefit unregulated crypto firms at the expense of our communities.
The GENIUS Act was intended to establish guardrails for the use of payment stablecoins, which are digital assets designed to maintain a stable value and function like cash in the digital economy. But as currently implemented, the law contains a serio… [2870 chars]
Source: Arizona Capitol Times | Published: 2025-10-07T19:08:19Z
Credit: Arizona Capitol Times
