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Is the GENIUS Act Creating a Shadow CBDC System?

Source: The Daily Economy
by Peter C Earle

“Allegedly designed to regulate stablecoins, the bills quietly allows for a de facto retail CBDC system — one implemented not by the Federal Reserve, but by the commercial banks it closely supervises.” (06/25/25)

https://thedailyeconomy.org/article/is-the-genius-act-creating-a-shadow-cbdc-system/

June 25, 2025June 25, 2025 Thomas L. Knapp
Opinion
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