## Max Keiser Slams US Stablecoin Regulation Act Bitcoin maximalist Max Keiser has criticized the Stablecoin Regulation Act currently under consideration in the United States. Keiser, an advisor to El Salvador on their Bitcoin strategy, believes the act is designed to bolster the existing financial sector, not benefit the cryptocurrency market. According to Keiser, stablecoins, often presented as an entry point to the crypto world, are primarily tools to enhance the utility of the US dollar and maximize bank profits. He argues that the regulation aims to solidify the dominance of fiat currency by controlling the stablecoin market. This control, in his view, stifles true decentralization and innovation within the crypto space. The long-term impact remains to be seen, but Keiser's analysis suggests a potential conflict between regulatory efforts and the core principles of cryptocurrency. ```

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