updated version of the GENIUS Stablecoin Act. In a joint statement, the Senators outlined deficiencies related to anti-money laundering regulations, national security, and financial system safety.

Notably, Gallego along with three other Democratic Senators, Warner, Kim, and Blunt Rochester, had previously supported the original version of this bill during discussions in the Senate Banking Committee in March. However, in the new version, they were unable to maintain their support due to newly arisen concerns.

Angela Alsobrooks, the co-sponsor of the bill, did not sign the letter of opposition. This sparked a wave of debate among lawmakers, highlighting the controversy over legal regulations in the cryptocurrency sector.

This information is intended solely to provide market data and is not investment advice.

Source: https://tintucbitcoin.com/10-thuong-nghi-si-phan-doi-du-luat-us-genius-stablecoin-moi/

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