The Democrats Assume That a List of Credentialed 'Experts' Is Convincing
- A new stablecoin called USD1 will be launched by World Liberty Financial, which is connected to President Donald Trump, as announced on Tuesday.
- Some Democrats, including Rep. Maxine Waters, are expected to oppose the stablecoin legislation unless it includes amendments blocking Trump and Elon Musk from issuing stablecoins.
- Senator Elizabeth Warren and four other Democrats have expressed concerns over potential conflicts of interest with the Trump stablecoin.
- Legislation for cryptocurrency regulation has bipartisan support but may be delayed due to opposition from certain Democrats.
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The Democrats Assume That a List of Credentialed 'Experts' Is Convincing
·Arlington, United States
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The Great CBDC Bait-and-Switch: How Stablecoins Could Become the New Surveillance Currency
While Trump is busy posturing against CBDCs, his administration is actively laying the groundwork for stablecoins to fill the exact same role When Donald Trump announced his bold opposition to central bank digital currencies (CBDCs), many cheered. “Finally,” they said, “a politician who’s putting a stop to the technocratic surveillance money.” But as with most …
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