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GENIUS Act Prevents Big Tech and Banks from Monopolizing Stablecoins, Says Circle Executive

Published by cointelegraph.com on 8 hours ago

GENIUS Act Prevents Big Tech and Banks from Monopolizing Stablecoins, Says Circle Executive

Dante Disparte, a representative from Circle, emphasizes that the GENIUS Act is designed to prevent technology giants and financial institutions from monopolizing the stablecoin sector. This legislation introduces rigorous structural and regulatory challenges that these entities must navigate.

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