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Senate Stomps Toward Stablecoin Regulation—Brace for the Bureaucratic Circus
Senate Stomps Toward Stablecoin Regulation—Brace for the Bureaucratic Circus
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Washington’s favorite pastime—turning crypto innovation into compliance paperwork—kicks into high gear as lawmakers scramble to ’protect’ us from stablecoins. Because nothing says ’financial freedom’ like a 300-page bill drafted by aides who still think Bitcoin is a type of rock.
Behind the scenes: Lobbyists from both Wall Street and Silicon Valley are carving up the legislation like a Thanksgiving turkey. Spoiler alert: The little guys get the giblets.
The punchline? This might actually pass—just in time to be obsolete before the ink dries. Welcome to decentralized finance, now with 100% more red tape.
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