The GENIUS stablecoin act is nothing more than a CBDC.
In this video we discuss the premise that we are dealing with a decentralized CBDC through regulation. Asset backed stablecoins will be subject to KYC, AML, and sanctions laws. Is this a defacto CBDC?
Here is the article mentioned in the video:
https://cointelegraph.com/news/genius-stablecoin-bill-cbdc-trojan-horse
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