RE: Did the USA just make algorithmic stable coins illegal?
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I agree with you.
I was very pleased at the cautious and wise approach the GENIUS act takes towards stablecoins. It shows an attitudinal change towards fairness and promotion of innovation which is new and refreshing.
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Absolutely! It’s encouraging to see a regulatory framework that balances caution with openness to innovation. Let’s hope this sets a precedent for more fair and forward-thinking policies in the crypto space. Thanks again for the discussion!
Very true