Tina Nguyen

”It’s a huge giveaway to Big Tech,” the Missouri Republican and longtime foe of the tech giants, tells The New York Times. His concerns: tech companies would be able to issue their own stablecoins that would compete with the U.S. dollar, and it would incentivize these companies to collect more of their customers’ financial data. “It allows these tech companies to issue stablecoins without any kind of controls. I don’t see why we would do that.”

Earlier today, Molly White at Citation Needed broke the news that the Trump family was expanding their reach into the world of crypto, partnering with a company called Magic Eden to launch the “Official $TRUMP Wallet by President Trump,” as well as a dedicated crypto trading app.

the committee organizing Donald Trump’s 250th anniversary celebration of the signing of the Declaration of Independence.

During Code and Country at the Bitcoin Conference, Sen. Cynthia Lummis (R-WY) mentioned that as soon as stablecoin bills are passed through Congress and signed into law, the Republicans were ready to gun on creating the Reserve. “It’s gonna be a heavier lift than I thought,” she added, because after watching her colleagues debate the GENIUS Act, it was clear that many of them “don’t understand” crypto.

What do you think about Grok’s opinions on white genocide in South Africa?