June 17, 2025

Senator Elizabeth Warren Calls Out Stablecoin Bill GENIUS ACT, Here’s Why

Senator Elizabeth Warren is urging Congress to amend the GENIUS Act, warning that it may allow tech billionaires to issue private digital currencies. She expressed concern that these stablecoins could track consumer purchases, collect personal data, and push out smaller competitors. Senator Elizabeth Warren Concerns Over Corporate-Issued Stablecoins Senator Warren responded publicly after discussions emerged

The post Senator Elizabeth Warren Calls Out Stablecoin Bill GENIUS ACT, Here’s Why appeared first on CoinGape.

Senator Elizabeth Warren Calls Out Stablecoin Bill GENIUS ACT, Here’s Why

Senator Elizabeth Warren is urging Congress to amend the GENIUS Act, warning that it may allow tech billionaires to issue private digital currencies. She expressed concern that these stablecoins could track consumer purchases, collect personal data, and push out smaller competitors. Senator Elizabeth Warren Concerns Over Corporate-Issued Stablecoins Senator Warren responded publicly after discussions emerged

The post Senator Elizabeth Warren Calls Out Stablecoin Bill GENIUS ACT, Here’s Why appeared first on CoinGape.