US EditionStablecoin Legislation Must Ensure Financial Privacy
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Stablecoin Legislation Must Ensure Financial Privacy
Both the U.S. Senate and House are considering bills creating a regulatory framework for stablecoins, and all of the usual crypto-skeptic refrains have been sung, including the hymn that crypto is for crime.For instance, Senator Elizabeth Warren (D-MA) warned that the Senate’s GENIUS Act “will supercharge the financing of terrorism.” During debate on the House’s STABLE Act, Representative Brad Sherman (D-CA) worried about the use of “unhosted wa…
·Manila, Philippines
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