4 May, according to crypto journalist Eleanor Terrett, 10 U.S. senators issued a joint statement expressing their inability to support the updated version of the stablecoin regulatory bill "GENIUS Act" released last week. The joint statement highlighted several issues, including insufficient AML provisions, concerns regarding national security and financial system security. Notably, the four Democratic senators on the list, Gallego, Warner, Kim, and Blunt Rochester, supported the original version of the bill during the March banking committee review, while the bill's co-sponsor Angela Alsobrooks did not sign the letter. The "GENIUS Act" (full name "Guiding and Establishing National Innovation for U.S. Stablecoins Act") is legislation proposed by the U.S. Senate on February 4, 2025, aimed at establishing a comprehensive regulatory framework for "payment stablecoins" within the U.S. to promote financial innovation, protect consumers, prevent illegal financial activities, and reinforce the dollar's dominance in the global financial system.
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Amerika'daki 10 senatör, stablecoin düzenleme yasası "GENIUS" güncellemesine karşı ortak bir şekilde itiraz etti.
4 May, according to crypto journalist Eleanor Terrett, 10 U.S. senators issued a joint statement expressing their inability to support the updated version of the stablecoin regulatory bill "GENIUS Act" released last week. The joint statement highlighted several issues, including insufficient AML provisions, concerns regarding national security and financial system security. Notably, the four Democratic senators on the list, Gallego, Warner, Kim, and Blunt Rochester, supported the original version of the bill during the March banking committee review, while the bill's co-sponsor Angela Alsobrooks did not sign the letter. The "GENIUS Act" (full name "Guiding and Establishing National Innovation for U.S. Stablecoins Act") is legislation proposed by the U.S. Senate on February 4, 2025, aimed at establishing a comprehensive regulatory framework for "payment stablecoins" within the U.S. to promote financial innovation, protect consumers, prevent illegal financial activities, and reinforce the dollar's dominance in the global financial system.