[2025-06-19] Landmark Crypto Reg Passed By Senate: About Stablecoin GENIUS Act

[TEXITcoin]

Senators approved legislation Tuesday to regulate stablecoins, a major win for the crypto industry despite some bipartisan conflict-of-interest concerns related to President Donald Trump’s crypto ventures.

https://www.forbes.com/sites/saradorn/2025/06/17/landmark-crypto-regulation-passed-by-senate-what-to-know-about-stablecoin-genius-act/

[cr1776]

Senators approved legislation Tuesday to regulate stablecoins, a major win for the crypto industry despite some bipartisan conflict-of-interest concerns related to President Donald Trump’s crypto ventures.

https://www.forbes.com/sites/saradorn/2025/06/17/landmark-crypto-regulation-passed-by-senate-what-to-know-about-stablecoin-genius-act/

The concept of "stable coins" seems at odds with some of bitcoin's purposes: to save yourself from the control of government and banks, and to protect yourself from inflation.  I don't see the value there, but apparently a lot of people do.