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US Lawmaker sounds alarm on GENIUS bill, says it’s a CBDC Trojan Horse

The line between a central bank digital currency and a centrally-managed, government-regulated stablecoin is thin, critics argue.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

US Lawmaker sounds alarm on GENIUS bill, says it’s a CBDC Trojan Horse

The line between a central bank digital currency and a centrally-managed, government-regulated stablecoin is thin, critics argue.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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