Stablecoin bill regulation thread

[bbc.reporter]

@zasad@. I reckon without a very serious reason to sanction a country, a company or a person, the American government cannot do this very easily. An example is China. Despite America and China's disagreements with each other America will not sanction China because it does not have a very serious reason. However, if China will attempt an invasion of Taiwan, we can be very much certain there will be sanctions.

[zasad@]

@zasad@. I reckon without a very serious reason to sanction a country, a company or a person, they America  government cannot do this very easily. An example is China. Despite America and China's disagreements with each other America will not sanction China because it does not have a very serious reason. However, if China will attempt an invasion of Taiwan, we can be very much certain there will be sanctions.

I completely agree with you that sanctions require serious reasons.

But to impose trade tariffs of 125%, which are worse than sanctions, it is enough to wake up in the morning and tweet that the US trade balance with China is bad.

You understand that this is funny.

If this situation is even a little deeper, then before the president woke up and wrote a post on Twitter, he could have told his colleagues about his decision and they would choose SHORT on the stock exchange.

And then, when the president says that the decision was too tough and it is necessary to negotiate, then his colleagues will already be LONG on the stock exchange.

These are all my fantasies, I have no evidence, except for the facts that the wealth of the president and his colleagues is growing very quickly

[bbc.reporter]

@zasad@. You can argue that these tariffs from the Donald's administration might be worse and it might also be correct, however, sanctions and tariffs are 2 very much different occurrences. A sanction removes a country's ability from using the financial system based on the western banking from participating. A sanction is a tax on goods imported from a certain country.

Also, America and China are presently very close on finding an agreement to lower tariffs imposed on each other. If America has sanctioned China without a good reason this would certainly cause the world to lose confidence in the western banking system. America does not want this to occur.

[zasad@]

@zasad@. You can argue that these tariffs from the Donald's administration might be worse and it might also be correct, however, sanctions and tariffs are 2 very much different occurrences. A sanction removes a country's ability from using the financial system based on the western banking from participating. A sanction is a tax on goods imported from a certain country.

Also, America and China are presently very close on finding an agreement to lower tariffs imposed on each other. If America has sanctioned China without a good reason this would certainly cause the world to lose confidence in the western banking system. America does not want this to occur.

Ok, I agree with you about the definition of trade duties and sanctions.

But in our dialogue I want to draw attention to something else. I also think that America and China will reach an agreement, that Trump and Elon Musk will also stop this circus.
But why do you think Trump started this whole spectacle with trade duties?
Has no one SHORT Tesla when short was profitable?

Large corporations are losing huge capital, and if Trump does not stop this spectacle, then I do not rule out new assassination attempts.

[bbc.reporter]

@zasad@. Agreed! It certainly appears that the Donald is only using the tariffs very much similar to a little child who threatens his parents that he will stop breathing if he does not get what he wants heheheheeh.

This is very headshaking behavior, however, it appears that he certainly got the attention from everyone. This agreement between China and Russia will be good for the cryptospace market. The other problem presently is the war on Israel and Iran.

[zasad@]

@zasad@. Agreed! It certainly appears that the Donald is only using the tariffs very much similar to a little child who threatens his parents that he will stop breathing if he does not get what he wants heheheheeh.

This is very headshaking behavior, however, it appears that he certainly got the attention from everyone. This agreement between China and Russia will be good for the cryptospace market. The other problem presently is the war on Israel and Iran.

Have you ever wondered why in such a democratic country as the USA there are only 2 political parties?
Trump pretends to be active, but he will not be able to change anything, the US national debt will also continue to grow.
The trade war between the USA and CHINA is inevitable and China is already ahead of the USA in many respects.
The situation in the world will only get more complicated.

[bbc.reporter]

@zasad@. I am not making a declaration that a certain politician, country or government has no error. However, agreed on the national debt will only keep growing. America has arrived on a destination where it cannot go back to their previous destination. We can blame the Donald but this has begun before him, before sleepy Joe Biden, before Obama, before Bush, before the before hehehehhe. This is a burning train that cannot be stopped anymore.

[zasad@]

@zasad@. I am not making a declaration that a certain politician, country or government has no error. However, agreed on the national debt will only keep growing. America has arrived on a destination where it cannot go back to their previous destination. We can blame the Donald but this has begun before him, before sleepy Joe Biden, before Obama, before Bush, before the before hehehehhe. This is a burning train that cannot be stopped anymore.

There is a very interesting post about the US national debt from Elon Musk
https://bitcointalk.org/index.php?topic=5545895.msg65492201#msg65492201

Israel recently launched a missile strike on Iran's nuclear facilities, and the sanctions-loving people kept mum. The US national debt will grow even more if this military conflict continues.

[bbc.reporter]

@zasad@. It was very much clear when the Donald announced that Elon's DOGE department would be canceled. Elon was doing his job on finding spending wastefulness in the American government, however, it appears that the Donald does not want this. This is similar behavior to other presidents before him. They want spending to continue, both wasteful and not wasteful spending because this will be helpful in pumping the economy with money to avoid a recession.

On Israel there will be no sanctions because it is an American ally and Iran is the enemy heheheheh. However, if Israel bombs another American ally, the will certainly get sanctions also.

[zasad@]

@zasad@. It was very much clear when the Donald announced that Elon's DOGE department would be canceled. Elon was doing his job on finding spending wastefulness in the American government, however, it appears that the Donald does not want this. This is similar behavior to other presidents before him. They want spending to continue, both wasteful and not wasteful spending because this will be helpful in pumping the economy with money to avoid a recession.

On Israel there will be no sanctions because it is an American ally and Iran is the enemy heheheheh. However, if Israel bombs another American ally, the will certainly get sanctions also.

The US budget has long been divided between American corporations, including Elon Musk's corporation, which receives a large share of it. It was a circus from the very beginning, so Trump quickly got tired of DOGE. As officials in Russia say, when you conduct an investigation, the most important thing is not to blame yourself and your colleagues.

You yourself just said that the US and Europe are being hypocritical. Their allies can attack other countries without consequences.
This is not fun at all when the world is on the brink of World War III. Iran is a trade ally of China, Russia and other countries that will not allow the US and Israel to attack the country.

[bbc.reporter]

@zasad@. This is true, however, this can also be very complicated. On the example of Israel, it can also attack a country that is not allied with America and might also get a sanction. If Israel bombs China, I reckon Israel will be sanctioned to force them to stop this attack. Despite the disagreements between America and China, they are still trading partners and America does not want disruptions on the trades that occur between them.

[BitGoba]

The community is waiting for uncle Jerome in the Federal Reserve to print money to begin the cryptospace pumping process, what much of the people in the community do not know is the authority of printing of money is being given to private companies through this stablecoin regulations. This is very much bullish for our cryptocoins hehehehe.

In any case, it appears that the senators of the Democrats are blocking this to protect their backers in Wall Street. However, this is not the end of these hearings. They will discuss this again and we should be here to follow the latest news updates.



In a major setback for crypto, the US Senate voted on Thursday to not advance a landmark stablecoin bill to potential passage after a number of Democrats balked at endorsing legislation they said would endanger consumers, the financial system, and national security.

By a vote of 48 yeas to 49 nays, the Senate rejected the Genius Act after Republicans had sought to fast-track a statutory framework for the $246 billion stablecoin industry.

Read in full https://www.dlnews.com/articles/regulation/senate-overcomes-resistance-to-advance-stablecoin-bill/

It's obvious there's strong demand for USDT, especially in countries like those in South America where inflation is really high. People see the U.S. dollar as more stable, even though ihas inflation around 7–8%. Tether takes advantage of this demand  it issues USDT tokens and uses the funds to buy U.S. Treasury bonds, earning about 5% annual interest.

I think I read somewhere that Tether is now one of the largest holders of U.S. Treasuries, with around $120 billion in bonds. And of course, this benefits the U.S. government as well , they get reliable buyers for their debt.

[zasad@]

@zasad@. This is true, however, this can also be very complicated. On the example of Israel, it can also attack a country that is not allied with America and might also get a sanction. If Israel bombs China, I reckon Israel will be sanctioned to force them to stop this attack. Despite the disagreements between America and China, they are still trading partners and America does not want disruptions on the trades that occur between them.

Israel has always been a private military company from the US. Basically all of Israel's weapons are from America, and Israel coordinates all of its actions with the US.

I am even afraid to imagine the situation if Israel launches a missile attack on China. And missiles sometimes fall, and can fall on Indian or Pakistani territory. China, India and Pakistan are nuclear powers that will not negotiate with aggressors.

[bbc.reporter]

China, India and Pakistan are nuclear powers that will not negotiate with aggressors.

Agreed, however despite this reality, America has not sanctioned these countries because there is no real reason to do this. Our argument in this thread has become very much off the topic already but the real argument from me is America cannot sanction other countries and US treasury holders without a very good reason because this would cause US treasuries to appear as a bad investment.

If Tether is one of the largest holders of US treasuries, this does not put them in a danger zone to be sanctioned if there is no good reason for the American government to do this.

[zasad@]

China, India and Pakistan are nuclear powers that will not negotiate with aggressors.

Agreed, however despite this reality, America has not sanctioned these countries because there is no real reason to do this. Our argument in this thread has become very much off the topic already but the real argument from me is America cannot sanction other countries and US treasury holders without a very good reason because this would cause US treasuries to appear as a bad investment.

If Tether is one of the largest holders of US treasuries, this does not put them in a danger zone to be sanctioned if there is no good reason for the American government to do this.

America has not imposed sanctions on China, but trade wars continue. The US and China have not reached an agreement on trade tariffs
Chinese companies are moving to the US because of trade tariffs
https://www.reuters.com/world/china/dominant-chinese-makers-bitcoin-mining-machines-set-up-us-production-beat-2025-06-18/

Tether gave billions of dollars to the US government and got treasuries in return. If you look at the accounting reports, Tether are billionaires, but in reality, no one in the US will give those billions back to Tether. (This is my vision of the situation   )

[bbc.reporter]

@zasad@. Trade wars continue, tariffs continue, however, these are different from sanctions which block a certain country from the whole financial system allied with America which implies that this is 90% of the financial system.

Sanctions need a very serious reason to be imposed by America. I reckon if China invades Taiwan, America and other allied countries will sanction China because this is a very serious reason.

You are also avoiding the argument that America will not sanction a certain country or company without a very serious reason. You only imply that America will sanction a country and treasury holders anytime because they can decide to do it. This is very headshaking.

[zasad@]

@zasad@. Trade wars continue, tariffs continue, however, these are different from sanctions which block a certain country from the whole financial system allied with America which implies that this is 90% of the financial system.

Sanctions need a very serious reason to be imposed by America. I reckon if China invades Taiwan, America and other allied countries will sanction China because this is a very serious reason.

You are also avoiding the argument that America will not sanction a certain country or company without a very serious reason. You only imply that America will sanction a country and treasury holders anytime because they can decide to do it. This is very headshaking.

Yesterday, the US violated hundreds of international laws by attacking Iran's nuclear facilities with the world's most powerful air bombs.

Bro, where are the sanctions? (This is a rhetorical question)

I completely agree with you about serious reasons and sanctions, but is this a problem?

Here is a serious reason for blocking the Tether company
https://tass.ru/ekonomika/24250917
"The total amount of transactions made in cryptocurrency between the Russian Federation and other countries could reach 1 trillion rubles since the beginning of 2025. This estimate was voiced by the head of the State Duma Committee on Financial Markets Anatoly Aksakov in an interview with TASS on the eve of the St. Petersburg International Economic Forum (SPIEF).

I can think of many more serious reasons for you.

[bbc.reporter]

@zasad@. Hehehehe yes, where are the sanctions? Why will China and Russia not sanction America? The answer to this question, because it would appear that they are sanctioning themselves and blocking  themselves from much of the banking system heheheheehee.

On the reason to sanction Tether, if American dollars are being smuggled to Russia and another sanctioned country like North Korea, should the American government sanction the Federal Reserve? Hehehehe also the reality is the Trump administration will be giving their full support to stablecoins. Tether might be ordered to block those transactions, however, they will never be sanctioned unless Tether is directly working with Putin or Kim Jong Un to launder and move money.

Also, share your many reasons but Tether will never be sanctioned.

[zasad@]

@zasad@. Hehehehe yes, where are the sanctions? Why will China and Russia not sanction America? The answer to this question, because it would appear that they are sanctioning themselves and blocking  themselves from much of the banking system heheheheehee.

On the reason to sanction Tether, if American dollars are being smuggled to Russia and another sanctioned country like North Korea, should the American government sanction the Federal Reserve? Hehehehe also the reality is the Trump administration will be giving their full support to stablecoins. Tether might be ordered to block those transactions, however, they will never be sanctioned unless Tether is directly working with Putin or Kim Jong Un to launder and move money.

Also, share your many reasons but Tether will never be sanctioned.

There is no point in China imposing sanctions against the US because these countries are already engaged in a trade war.
Russia is not imposing sanctions against the US because mirror sanctions against the US are already in effect.

Officially sanctions and trade duties, and unofficially in Russia the prices for European and American goods are in USDT

[bbc.reporter]

@zasad@. Hehehehe yes, where are the sanctions? Why will China and Russia not sanction America? The answer to this question, because it would appear that they are sanctioning themselves and blocking  themselves from much of the banking system heheheheehee.

On the reason to sanction Tether, if American dollars are being smuggled to Russia and another sanctioned country like North Korea, should the American government sanction the Federal Reserve? Hehehehe also the reality is the Trump administration will be giving their full support to stablecoins. Tether might be ordered to block those transactions, however, they will never be sanctioned unless Tether is directly working with Putin or Kim Jong Un to launder and move money.

Also, share your many reasons but Tether will never be sanctioned.

There is no point in China imposing sanctions against the US because these countries are already engaged in a trade war.
Russia is not imposing sanctions against the US because mirror sanctions against the US are already in effect.

Officially sanctions and trade duties, and unofficially in Russia the prices for European and American goods are in USDT

This is not the reason hehehehe. The reason is China will not impose their own sanctions against America because it would be useless. America does not use their banking system heheheh, America will not feel anything. Also, by sanctioning America, China will suffer countersanctions which will certainly remove them from much of the banking system. If there was a decision that might cause Xi of the Jin and the Ping to become unpopular, this will be the reason hehehehe. China is rich, however, it needs the western banking system.

Also, Russia's mirror sanctions? Hehehehe this is headshaking. America does not need the Russian banking system. However, you can call it what you like if that will comfort you.