#geniusact — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #geniusact, aggregated by home.social.
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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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
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Weekly output: Feds okay T-Mobile-UScellular deal, Rivian adds Google Maps, GENIUS Act becomes law, Mark Vena podcast
July so far is feeling like a traditional August in terms of how under-scheduled it’s been: So far, this month has featured all of three work events to drag me away from my home office. I also left home Thursday to catch that evening’s Fort Reno concert.
7/14/2025: T-Mobile Secures Government Blessing of UScellular Purchase After Ritual Sacrifice of DEI Policies, PCMag
This was yet another case of a post starting with an idea for its headline materializing in my brain. Writing it took a bit longer because I needed to explain the gap between the Department of Justice’s ambivalent thumbs-up and the Federal Communications Commission’s more enthusiastic approval of this deal.
7/15/2025: Rivian Switches to Google Maps for Its EVs’ Navigation, PCMag
Rivian switching from a Mapbox-based navigation app to one built on Google Maps is a bigger deal than might be immediately apparent: That EV manufacturer does not support Apple’s CarPlay or Google’s Android Auto, so the car’s built-in software represents the only way to get driving directions on the biggest screen in the dashboard.
7/18/2025: Trump Signs the GENIUS Act, Creating a Regulatory Framework for Stablecoins, PCMag
I took a little time to look up some useful posts explaining what a stablecoin is and why people and businesses might find a cryptocurrency tied to the value of a real-world asset more useful than a more volatile digital currency. And to point out how President Trump stands to benefit from government regulation of stablecoins.
7/18/2025: Ep 113 SmartTechCheck Podcast — Nvidia and China, chaos at Xbox and Meta “AI superintelligence”, Mark Vena
I suggested we talk about Mark Zuckerberg’s AI ambitions, which remind me of the Facebook founder’s earlier fervor for the metaverse. A normal company might hold its CEO accountable for being so wrong about one tech trend before green-lighting hundreds of millions of dollars in hiring incentives to chase another tech trend–but Zuck’s control of a majority of shareholder votes ensures that Meta cannot be a normal company.
#crypto #cryptocurrency #DEI #diversity #DOJ #equityAndInclusion #FCC #GeniusAct #GoogleMaps #Mapbox #Rivian #stablecoin #TMobile #TMobileUScellular #UScellular
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‘Little group fading fast’: Donald Trump mocks Brics; reiterates 10% tariff threat to protect US dollar dominance
US President Donald Trump on Friday mocked the Brics group as a “little group” that is “fading out…
#NewsBeep #News #US #USA #UnitedStates #UnitedStatesOfAmerica #Economy #Braziltariffs #BRICSgroup #Business #cryptocommunity #donaldtrump #GENIUSACT #globalreservecurrency #stablecoinsregulation #tariffonimports #tradepractices #USdollardominance
https://www.newsbeep.com/us/21598/ -
‘Little group fading fast’: Donald Trump mocks Brics; reiterates 10% tariff threat to protect US dollar dominance
US President Donald Trump on Friday mocked the Brics group as a “little group” that is “fading out…
#NewsBeep #News #Economy #Braziltariffs #Bricsgroup #Business #CA #Canada #cryptocommunity #DonaldTrump #GENIUSAct #globalreservecurrency #stablecoinsregulation #tariffonimports #tradepractices #USdollardominance
https://www.newsbeep.com/ca/8000/ -
> This week, conservatives pushed to tie the #CLARITYAct with the controversial #AntiCentralBankDigitalCurrencySurveillanceStateAct, which would prohibit the #FederalReserve from issuing a #centralBankDigitalCurrency. Conservatives said the Senate's #stablecoin bill and the broader market structure legislation were insufficient because it would allow for a #CBDC, which they opposed.
https://www.cbsnews.com/news/house-vote-crypto-genius-act-stablecoin-regulations/
#crypto #cryptocurrency #bitcoin #btc #money #finance #uspol #politics #GENIUSAct
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Crypto Firms Ripple, Circle, and BitGo Target U.S. Bank Licenses Amid Regulatory Shift - TLDR:
Ripple, Circle, and BitGo crypto firms apply for national trust bank licenses in t... - https://blockonomi.com/crypto-firms-ripple-circle-and-bitgo-target-u-s-bank-licenses-amid-regulatory-shift/ #stablecoins #regulation #blockchain #geniusact #circle #crypto #ripple #bitgo
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US Republican House leaders plan to consider three key crypto bills during #CryptoWeek starting 14 July: The bills focus on #stablecoins, #cryptomarketstructure, and #centralbank #digitalcurrencies (#CBDCs). The House is expected to prioritise the Senate-led #GENIUSAct over its own #STABLEAct, aiming to deliver on #Trump’s #crypto-focused #campaign promises. https://cointelegraph.com/news/us-republicans-declare-crypto-week-to-mull-3-crypto-bills?eickercrypto.com #crypto #blockchain
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US Republican House leaders plan to consider three key crypto bills during #CryptoWeek starting 14 July: The bills focus on #stablecoins, #cryptomarketstructure, and #centralbank #digitalcurrencies (#CBDCs). The House is expected to prioritise the Senate-led #GENIUSAct over its own #STABLEAct, aiming to deliver on #Trump’s #crypto-focused #campaign promises. https://cointelegraph.com/news/us-republicans-declare-crypto-week-to-mull-3-crypto-bills?eickercrypto.com #crypto #blockchain
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US Republican House leaders plan to consider three key crypto bills during #CryptoWeek starting 14 July: The bills focus on #stablecoins, #cryptomarketstructure, and #centralbank #digitalcurrencies (#CBDCs). The House is expected to prioritise the Senate-led #GENIUSAct over its own #STABLEAct, aiming to deliver on #Trump’s #crypto-focused #campaign promises. https://cointelegraph.com/news/us-republicans-declare-crypto-week-to-mull-3-crypto-bills?eickercrypto.com #crypto #blockchain
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#Ripple has applied for a #nationalbank charter from the #OCC, following #Circle’s application: This move, driven by regulatory demands under the #GENIUSAct, aims to enhance trust in the #stablecoin market and potentially expand Ripple’s crypto-related services. https://decrypt.co/328217/ripple-follows-circle-bid-us-banking-license?eicker.news #tech #media #news
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today in stablecoin news we look at the case of #Paxos, the "responsible" #stablecoin issuer behind the largest stablecoin ever to be shut down by the government for money laundering and counterfeiting (#BUSD, aka "Binance USD", was killed off by NY's regulators when it was revealed that Binance was counterfeiting BUSD tokens that had no actual money behind them).
- Paxos: "We're insured"
- Customers: "Wow! So who sold you the insurance? I heard it's hard to get insurance as a crypto company."
- Paxos: "A little company called Paxos"p.s. one of the ex-Paxos guys behind BUSD, Austin Campbell, is considered a major thought leader for the industry and was a huge advocate for (and probably an architect of) the #GeniusAct
#AustinCampbell #stablecoins #crypto #finance #cryptocurrency
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Alsobrooks
Booker
Cortez Masto
Fetterman
Gallego
Gillibrand
Hassan
Heinrich
Hickenlooper
Kim
Lujan
Ossoff
Padilla
Rosen
Schiff
Slotkin
Warner
Warnock -
New York Times op-ed on the new #stablecoin law (the "GENIUS Act") by Dan Davies, the author of probably the best book about financial fraud you'll ever read ("Lying For Money"), hits a lot of the right notes.
> "Stablecoins were supposed to leverage dollars to stabilize the chaotic universe of crypto. Instead, they seem set to infect the dollar-dominated financial system with the unique combined chaos of crypto and Mr. Trump."
* NYT: https://www.nytimes.com/2025/05/23/opinion/trump-crypto-stablecoin.html
* no paywall: https://archive.ph/uiVIq#crypto #uspol #uspolitics #USD1 #GeniusAct #Trump #DanDavies
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Elizabeth Warren: “Donald Trump's meme coin dinner is an orgy of corruption.”
Private access. Anonymous wallets. $2B from UAE-linked firms.
Crypto grift has reached the White House.#ElizabethWarren #ChrisMurphy #CryptoCorruption #MemeCoin #TrumpDinner #Stablecoin #AbuDhabi #UAE #PayToPlay #GeniusAct #USPolitics #NationalSecurity #JustinSun #DavidSacks
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🚨 Senate Dems are about to rubber-stamp Trump’s latest scam: laundering power through crypto. Billions in foreign cash, a family-run crypto firm, and zero ethics rules. This isn’t regulation—it’s surrender. #CryptoCorruption #GENIUSAct #TrumpCrimeFamily prospect.org/blogs-and-ne...
Senate Democrats Poised to Ena... -
Paul Krugman exposes the troubling truths of cryptocurrency politics. The stalled GENIUS Act, aimed at stablecoin expansion, failed due to its emptiness and corruption fears, particularly among Democrats linked to Trump. He critiques the crypto industry as a facade for fraud, spotlighting failed international efforts like El Salvador's Bitcoin adoption. Krugman urges Democrats to reconsider any support for crypto to avoid endorsing systemic corruption. Read more here: https://paulkrugman.substack.com/p/crypto-is-still-for-criming #PaulKrugman #CryptoCorruption #GENIUSAct #Democrats #Trump #Legislation #FinancialScams
