The empire strikes out: Institutionalists failed to kill the stablecoin bill

The empire strikes out: Institutionalists failed to kill the stablecoin bill
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The empire strikes out: Institutionalists failed to kill the stablecoin bill

Despite a relentless campaign from institutional powerbrokers like Senator Elizabeth Warren, the US Senate advanced the GENIUS Act, marking a watershed moment for stablecoin regulation and exposing the limits of establishment resistance.


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