JOHN CZWARTACKI: Abandoning Open Banking Now Would Undermine The Genius Act’s Promise
The bipartisan passage of the GENIUS Act marked a watershed moment for American financial innovation, promising to close regulatory gaps, protect consumers, and secure the U.S. dollar’s dominance in the digital economy by establishing a clear framework for stablecoin regulation. Yet, the transformative potential of this landmark legislation is now at risk. Without the implementation […]
The bipartisan passage of the GENIUS Act marked a watershed moment for American financial innovation, promising to close regulatory gaps, protect consumers, and secure the U.S. dollar’s dominance in the digital economy by establishing a clear framework for stablecoin regulation. Yet, the transformative potential of this landmark legislation is now at risk. Without the implementation […]
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