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Sen. Warren: GENIUS Act to Lead to 'Financial Meltdown'
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Sen. Warren: GENIUS Act to Lead to 'Financial Meltdown'

Sen. Elizabeth Warren, D-Mass., warned from the Senate floor on Monday that the GENIUS Act — which would tie stablecoins, the private analog to central bank digital currencies, to a 1-to-1 ratio with "Federal Reserve notes" — would lead to a "financial meltdown."
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