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alexander
@alex144
🚨 Strong Opposition Emerges Against the GENIUS Act! 🚨 On May 3, 2025, a powerful group of ten U.S. senators-including Senator Ruben Gallego-issued a joint statement firmly opposing the latest version of the GENIUS Act, the proposed stablecoin regulation bill, citing serious concerns that have sent shockwaves through the crypto and financial communities ⚠️🔥. These senators, who notably included four Democrats (Gallego, Warner, Kim, and Blunt Rochester) who had supported the original bill earlier this year, are now raising red flags over critical issues such as insufficient anti-money laundering safeguards, national security risks, and vulnerabilities in protecting the U.S. financial system 🛡️💥. Their united stance highlights fears that the current bill’s loopholes and ambiguities could expose the market to manipulation and foreign threats, putting both investors and the broader economy at risk 🌍🔐
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