#MyTradingStyle Senator Elizabeth Warren from the state of Massachusetts criticizes the Genius Bill regulating stablecoins to be immediately fixed with amendments and not involve personal interests.

According to Warren, the rules allow billionaires like Elon Musk and Jeff Bezos to track other people's spending and suppress competitors.

"If Congress does not fix the GENIUS Act, billionaires like Elon Musk and Jeff Bezos could launch stablecoins that track your purchases, exploit data, and suppress competitors," wrote Warren on her X page.