Why GENIUS Act Could Lead to CBDC-Like Surveillance
For many, the passage of the GENIUS Act closed the doors on the creation of a Central Bank Digital Currency (CBDC). Stablecoins, though digital, were marketed as a private form of currency, in cont...
Source: BeInCrypto
For many, the passage of the GENIUS Act closed the doors on the creation of a Central Bank Digital Currency (CBDC). Stablecoins, though digital, were marketed as a private form of currency, in contrast to a government-issued digital dollar. Aaron Day, a fellow at the Brownstone Institute and a staunch critic of the crypto industry, The post Why the GENIUS Act Could Unlock CBDC Surveillance Without Creating One appeared first on BeInCrypto.