> Rep. Maxine Waters (D-Calif.)—part of a group of Democrats who had strongly opposed the bill—further warned Thursday that the GENIUS Act prevents lawmakers from owning or promoting stablecoins, but not the president.
There are interesting aspects of stablecoins, but there is nothing good or interesting about facilitating bribery of the executive office. This sort of corruption (or even the appearance of it) should be opposed by every crypto proponent.
slwvx•1h ago
There are interesting aspects of stablecoins, but there is nothing good or interesting about facilitating bribery of the executive office. This sort of corruption (or even the appearance of it) should be opposed by every crypto proponent.