Wyoming Senator Lummis Opposes Reopening GENIUS Act Amid Banking Industry Criticism

Wyoming Senator Lummis Opposes Reopening GENIUS Act Amid Banking Industry Criticism

By Coinspeaker
Senator Cynthia Lummis refuses to revise the GENIUS Act following banking sector objections to stablecoin regulations that prohibit issuers from paying yield while allowing exchanges to offer rewards.

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Market Sentiment
Negative
Category
general
Reading Time
1 min
Article Type
Article
Topics & Keywords
#regulations

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