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The GENIUS Act and the Wild West of crypto
If Congress passes the GENIUS Act, banks will be allowed to issue their own cryptocurrency, as long as it’s tied to a stable asset like the dollar. But some economists warn it could have very unstable outcomes.
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By WBUR
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If Congress passes the GENIUS Act, banks will be allowed to issue their own cryptocurrency, as long as it’s tied to a stable asset like the dollar. But some economists warn it could have very unstable outcomes.
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