The recent legislation in the United States is outrageous. The so-called 'GENIUS Act' claims to regulate stablecoins, which sounds quite serious, but it shockingly doesn't prohibit the president's family from issuing tokens to make money? The Democrats are furious, saying that the Trump family made 57 million dollars last year from token issuance, and now that the bill has passed, they've opened a legal money-making machine. While compliance for stablecoins is a good thing, isn't this double standards? This plot is even more ridiculous than the crypto world.
