By : Alexey Borovets
Publisher : crypto
Date : July 30, 2025

GENIUS Act critics warn it can have implications as chaotic as the 2008 financial crisis

Sen. Elizabeth Warren criticized the bipartisan GENIUS Act, saying that vested interests from the crypto industry heavily dictated this legislation. This situation reminds her of the 2000 Commodity Futures Modernization Act, which was a precursor to the 2008 financial crisis.…

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