Wu Blockchain (@WuBlockchain): According to crypto journalist Eleanor Terrett, the proposed GENIUS Act amendment restricts stablecoin issuers from using government-affiliated names…
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According to crypto journalist Eleanor Terrett, the proposed GENIUS Act amendment restricts stablecoin issuers from using government-affiliated names to prevent perceived government backing and limits tech giants from issuing stablecoins unless they meet stringent standards for financial risk, data privacy, and fair practices. https://t.co/zejer9QGS8