This week, Ron Steslow and Jennifer Schulp (Director of Financial Regulation Studies at the Cato Institute’s Center for Monetary and Financial Alternatives) discuss the Senate passing the GENIUS Act to regulate stablecoins.
They dive into the implications of the Bank Secrecy Act and the critical importance of privacy-enhancing tools in the digital age.
They explore how new legislation impacts personal privacy, the role of stablecoins in the financial ecosystem, and the potential consequences of government surveillance.
Then, in Politicology+ they discuss political corruption in cryptocurrency and Congressional stock trading. They dive into the lack of political will to combat it, despite public outcry, and the challenges of enforcing ethical standards.
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