GENIUS Stablecoin Bill: A DeFi Executive Warns of CBDC Trojan Horse Threatening Financial Freedom
The new GENIUS stablecoin bill is seen by Jean Rausis, co-founder of Smardex, as a way for the US government to gain control over stablecoins, similar to central bank digital currencies (CBDCs). He argues that by regulating stablecoin issuers, the government can monitor and potentially freeze transactions, ultimately leading to more centralized control. The GENIUS ...
