‘Absolutely nuts’ — Crypto community reacts to X suspension in Brazil
The Trump administration, supported by major US crypto firms, has largely dismantled the Consumer Financial Protection Bureau, leaving consumers vulnerable.
Despite a relentless campaign from institutional powerbrokers like Senator Elizabeth Warren, the US Senate advanced the GENIUS Act, marking a watershed moment for stablecoin regulation and exposing the limits of establishment resistance.
The US Senate voted to pass the GENIUS Act, a bill regulating stablecoins, but observers believe lawmakers may have ignored stability concerns in Treasury markets.
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