#genius-act — Public Fediverse posts

this is the same team currently rewriting america's laws to legalize crypto grifting,, and by "same team" i don't mean "the crypto lobby", i mean "literally the exact same guys". the bros who own #CoinDesk also own the rest of the american crypto industry.
in between reminding politicians that they were the biggest donors to the 2024 election (on both sides!) they have been very vocal about their involvement in writing the #ClarityAct and the #GeniusAct.

america's most "respectable" #crypto journalists thowing their flagship annual industry party in a strip club is almost too on brand

#crypto #uspol #corruption #cryptocurrency #GeniusAct #bitcoin #journalism #journalists #stripclub #strippers #coindesk

current estimate $285 million possibly headed straight into the #DPRK or #IRGC nuclear weapons program, including $71.5 million from the "regulated" #stablecoin #USDC that could have stopped at least that much of this heist at any moment in the last 4 hours and just... chose not to do so.

remember that the goal of the #GeniusAct etc. is to make companies like Circle USDC *your* bank.

#Circle #USDC #GeniusAct #crypto #bitcoin #driftProtocol #solana #SOL #infosec #crime #lazarusGroup #FutureOfFinance #stablecoins #infosec #Hack #cybersecurity #Tether #USDT

Exclusive | Why Kenneth Rogoff thinks China’s yuan will be a reserve currency ‘in the next 5 years’

Professor Kenneth Rogoff of Harvard University has repeatedly warned that the US dollar is approaching a crisis of…
#NewsBeep #News #Economy #Business #China #CIPS #CryptoCurrencies #digitalyuan #euro #Europe #Fed #GENIUSAct #Greenland #HongKong #KennethRogoff #mBridgeproject #powell #stablecoins #Swift #UK #UnitedKingdom
https://www.newsbeep.com/uk/502604/

we live in an age where the same #crypto grifters who launch "#stablecoins" that collapse (more or less defrauding their investors in the process) are completely unashamed about attacking Bernie Sanders and Somalian day care centres on social media for "fraud"

(they also love to use the money they managed to defraud their customers for to fund #MAGA candidates all over the country)

#corruption #somalians #minnesota #BernieSanders #SUSD #synthetix #uspol #stablecoin #GeniusAct #cryptocurrency

Coinbase Executives Call Crypto Bills ‘Oil for the Onchain Economy’ - TLDR

Coinbase executives urged US lawmakers to treat the GENIUS and CLARITY crypto bills... - https://blockonomi.com/coinbase-executives-call-crypto-bills-oil-for-the-onchain-economy/ #brianarmstrong #cryptobills #regulation #clarityact #geniusact

GENIUS Act Could Reshape U.S. Dollar Stablecoin Regulation, Says Circle - TLDR:

Circle urges full backing of payment stablecoins with cash or liquid assets for co... - https://blockonomi.com/genius-act-could-reshape-u-s-dollar-stablecoin-regulation-says-circle/ #cryptoregulation #u.s.stablecoins #digitaldollars #stablecoins #regulation #compliance #geniusact #treasury #circle

Coinbase Calls on Treasury to Uphold GENIUS Act Vision for U.S. Stablecoin Leadership - TLDR:

Coinbase urges Treasury to preserve the GENIUS Act’s goal of U.S. leadershi... - https://blockonomi.com/coinbase-calls-on-treasury-to-uphold-genius-act-vision-for-u-s-stablecoin-leadership/ #cryptoregulation #digitalpayments #stablecoins #u.streasury #regulation #u.s.policy #exchanges #geniusact #coinbase

Coinbase Urges US Treasury to Avoid Overreach in GENIUS Act Rulemaking - Coinbase Global has called on the US Treasury Department to ensure its upcoming ru... - https://cryptonews.com/news/coinbase-urges-us-treasury-to-avoid-overreach-in-genius-act-rulemaking/ #altcoinnews #regulation #geniusact #coinbase

Andreessen Horowitz: Stablecoins Now Hold $150B in US Treasurys - TLDR

Stablecoins have reached a total transaction volume of $46 trillion over the past 1... - https://blockonomi.com/andreessen-horowitz-stablecoins-now-hold-150b-in-us-treasurys/ #stablecoins #geniusact

Stablecoin Bill Divides Lawmakers as Senator Warren Warns of Trump-Linked Conflicts of Interest - The passage of the Guiding and Establishing National Innovation for U.S. Stablecoi... - https://cryptonews.com/news/stablecoin-bill-divides-lawmakers-as-senator-warren-warns-of-trump-linked-conflicts-of-interest/ #cryptoregulationnews #elizabethwarren #geniusact #trump #news

Senator Warren Demands Tougher Stablecoin Rules, Blasts "Lax" GENIUS Act and Trump Ties

#donaldtrump #ElizabethWarren #GENIUSAct #stablecoins #USTreasury
https://blazetrends.com/senator-warren-demands-tougher-stablecoin-rules-blasts-lax-genius-act-and-trump-ties/?fsp_sid=153324

Elizabeth Warren Urges Treasury to Address GENIUS Act Weaknesses - TLDR

Elizabeth Warren criticized the GENIUS Act for lacking strong regulatory safeguards... - https://blockonomi.com/elizabeth-warren-urges-treasury-to-address-genius-act-weaknesses/ #elizabethwarren #regulations #stablecoins #regulation #geniusact

NYDIG Flags USD1 Reserves, Warns of Binance Ties and Legal Risks - TLDR

NYDIG has raised concerns about the lack of proper reserve reporting for the USD1 s... - https://blockonomi.com/nydig-flags-usd1-reserves-warns-of-binance-ties-and-legal-risks/ #usd1reserves #stablecoins #geniusact #binance #nydig

Expert Believes Solana Could Surpass Ethereum as Stablecoin Demand Shifts: Here’s Why - TLDR:

Solana’s stablecoin supply grew 40% to $15B since the GENIUS Act, outpacing Ethere... - https://blockonomi.com/expert-believes-solana-could-surpass-ethereum-as-stablecoin-demand-shifts-heres-why/ #stablecoins #geniusact #ethereum #crypto #solana

Bo Hines Sheds Light on GENIUS Stablecoin Project, Calls it “First Piece of the Puzzle” - Bo Hines takes pride in crafting one of the leading crypto regulations in the US – the GE... - https://cryptonews.com/news/bo-hines-sheds-light-on-genius-stablecoin-project-calls-it-first-piece-of-the-puzzle/ #altcoinnews #geniusact #bohines #tether

Tether Brings USAT to Rumble: A New Push into U.S. Crypto - TLDR:

Tether partners with Rumble to roll out the USAT stablecoin, aiming for fast adopt... - https://blockonomi.com/tether-brings-usat-to-rumble-a-new-push-into-u-s-crypto/ #cryptocurrency #stablecoins #stablecoin #geniusact #token2049 #circle #crypto #rumble #tether #usat #usdc

Coinbase CEO Slams Bank Push to End Stablecoin Crypto Rewards - TLDR

Brian Armstrong urged the Senate not to support banks by banning crypto rewards.
Co... - https://blockonomi.com/coinbase-ceo-slams-bank-push-to-end-stablecoin-crypto-rewards/ #cryptoregulation #brianarmstrong #cryptorewards #stablecoins #geniusact #coinbase #news

Big Banks Push to Dismantle GENIUS Act as Crypto Group Fights Back - TLDR:

Blockchain Association warned banks want to roll back GENIUS Act protection... - https://blockonomi.com/big-banks-push-to-dismantle-genius-act-as-crypto-group-fights-back/ #blockchainassociation #financialinnovation #cryptoregulation #cryptopolicy #stablecoins #regulation #washington #geniusact #congress #banks #usdc

Is the CFTC Opening the Door for Stablecoins in Derivatives Trading? - TLDR

The CFTC announced its initiative to integrate stablecoins as tokenized collateral ... - https://blockonomi.com/is-the-cftc-opening-the-door-for-stablecoins-in-derivatives-trading/ #stablecoins #regulation #geniusact #cftc

JPMorgan: New Stablecoins Set to Compete with Circle’s USDC in US Market - TLDR

JPMorgan analysts report that Circle’s USDC faces growing competition from Tether, ... - https://blockonomi.com/jpmorgan-new-stablecoins-set-to-compete-with-circles-usdc-in-us-market/ #stablecoins #hyperliquid #geniusact #jpmorgan #tether #usdc #usdh

Why the GENIUS Act, Not State Licenses, Could Decide Hyperliquid’s USDH Future - TLDR:

GENIUS Act rules will not be effective until November 2026, leaving current law as... - https://blockonomi.com/why-the-genius-act-not-state-licenses-could-decide-hyperliquids-usdh-future/ #federalcompliance #stablecoins #hyperliquid #regulation #cryptolaw #geniusact #usdh

GENIUS Act Loophole Risks Draining Small Banks, Senator Warns - TLDR:

Alabama Senator Keith Kelley says the GENIUS Act rewards loophole could reduce dep... - https://blockonomi.com/genius-act-loophole-risks-draining-small-banks-senator-warns/ #communitybanks #cryptorewards #regulation #geniusact #alabama #banking #crypto #fdic

Weekly Crypto Regulation News: Lawmakers Split on Crypto Policy and Wyoming Launches Stablecoin - The past week has seen a flurry of crypto policy and regulatory moves in the U.S.,... - https://cryptonews.com/news/weekly-crypto-regulation-news-lawmakers-split-on-crypto-policy-as-treasury-weighs-genius-act-wyoming-launches-stablecoin/ #cryptoregulationnews #cryptoregulations #stablecoin #geniusact #news

12 Out Of 18 Democrats May Back Market Structure Bill, Sen. Tim Scott Says - Senate Banking Committee Chairman Tim Scott said he believes that 12 out of 18 Democrats ... - https://cryptonews.com/news/elizabeth-warren-standing-in-way-of-market-structure-bill-sen-tim-scott-says/ #elizabethwarren #regulation #geniusact #news

Chair Paul Atkins Praise The Genius Act As A ‘Seminal’ Step For Crypto - United States Securities and Exchange Commission (SEC) Chair Paul Atkins praised the GENI... - https://cryptonews.com/news/theres-a-lot-of-spring-cleaning-to-be-done-at-the-sec-chair-paul-atkins-says/ #blockchainnews #geniusact #treasury #news #sec

U.S. Treasury Calls For Public Comment On Combatting Crypto Risks In Line With The GENIUS ACT - The U.S. Treasury is calling on the public to provide feedback required by the GENIUS Act... - https://cryptonews.com/news/u-s-treasury-calls-for-pub/ #blockchainnews #regulation #geniusact #treasury #news

Just In: U.S Treasury Advances GENIUS Act, Bessent Flags Stablecoin Growth - TLDR:

Treasury issued a Request for Comment under the GENIUS Act to shape stablecoin reg... - https://blockonomi.com/just-in-u-s-treasury-advances-genius-act-bessent-flags-stablecoin-growth/ #stablecoins #u.streasury #regulation #e.o.14178 #geniusact #crypto

COTI Unlocks Treasury for U.S. Market as Price Eyes Breakout - TLDR:

COTI Treasury is now accessible to U.S. users, allowing for deposits and pa... - https://blockonomi.com/coti-unlocks-treasury-for-u-s-market-as-price-eyes-breakout/ #spotbitcoinetfs #cotifoundation #geniusact #analysis #crypto #defi #coti