🚨 Corporate giants @amazon, @Walmart, and @Expedia are causing alarms to be raised over the GENIUS Act which may pass as early as next week.

Senator Warren warns:

“If Congress doesn’t fix it, billionaires like Elon Musk, Jeff Bezos, and Mark Zuckerberg could launch stablecoins that track your purchases, exploit your data, and squeeze out competitors.”

In case you're not familiar with the Genius Act:

- The bill would allow US organizations to issue fully backed stablecoins under the federal reserve

Read the full article on @DecryptMedia