Jake Chervinsky pfp
Jake Chervinsky
@jchervinsky
Stablecoin legislation should be a top priority for everyone who cares about crypto policy. But the Lummis-Gillibrand Payment Stablecoin Act draft published today is deeply flawed: it appears to ban nearly everything except a narrow band of centralized, custodial stablecoins. This would be far worse than status quo.
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@cooperray
horrible. absolutely horrible. they just want to control everything. the whole point is sovereignty against centralized custodial holding LOL. lame.
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