I foresee that the #GENIUSAct will mark the start of a new wave of crackdown on #crypto similar to the crackdown we’ve seen on #privacy coins/layers but instead the pressure will be applied to parties involved with non-compliant #stablecoins. Like for privacy, the best answer will be extreme decentralization where no single dev can be single out and targeted for publishing “non-compliant” code.
#DeFi #Stablecoin
LogicallyMinded
npub1s0…2rqf5
2025-05-20 19:24:43
Author Public Key
npub1s0fs9dwztm2rukm42vh6df4a5gwykclf75tgyeuc75t0cs2eh8rsu2rqf5Published at
2025-05-20 19:24:43Event JSON
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"content": "I foresee that the #GENIUSAct will mark the start of a new wave of crackdown on #crypto similar to the crackdown we’ve seen on #privacy coins/layers but instead the pressure will be applied to parties involved with non-compliant #stablecoins. Like for privacy, the best answer will be extreme decentralization where no single dev can be single out and targeted for publishing “non-compliant” code. \n\n#DeFi #Stablecoin",
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