In EDS ansehen

Does the GENIUS Act Properly Regulate Cryptocurrency While Protecting Consumers?

Gespeichert in:

Bibliographische Detailangaben
Titel:	Does the GENIUS Act Properly Regulate Cryptocurrency While Protecting Consumers?
Quelle:	Congressional Digest. Dec2025, Vol. 104 Issue 10, p15-23. 5p.
Schlagwörter:	CRYPTOCURRENCIES, CONSUMER protection
People:	HOLLEN, Van, REED, Jack, 1949-, BENNET, Michael F., 1964-
Abstract:	The article focuses on opposition to the GENIUS Act, highlighting concerns from Senators Van Hollen, Jack Reed, and Michael Bennet. It explains that critics argue the bill fails to adequately protect consumers and the financial system, allows stablecoins to be used for illicit activity, lacks sufficient oversight and amendment opportunities, and does not address potential crypto corruption linked to high-level government figures.
Datenbank:	Academic Search Index

Beschreibung
Abstract:	The article focuses on opposition to the GENIUS Act, highlighting concerns from Senators Van Hollen, Jack Reed, and Michael Bennet. It explains that critics argue the bill fails to adequately protect consumers and the financial system, allows stablecoins to be used for illicit activity, lacks sufficient oversight and amendment opportunities, and does not address potential crypto corruption linked to high-level government figures.
ISSN:	00105899