The post Elizabeth Warren Slams Stablecoin Bill, Says “This Helps Musk and Trump Get Rich” appeared first on Coinpedia Fintech News
The GENIUS Act, a bipartisan bill to regulate payment stablecoins, is now at the center of a major controversy. U.S. Senator Elizabeth Warren has raised alarms, warning that billionaires like Elon Musk and Jeff Bezos could abuse the system if critical loopholes aren’t fixed. Her warning has ignited a heated debate in the crypto community …