Post by: Administrator on February 03, 2026, 01:50:41 PM
Five New York officials reportedly argued that the GENIUS Act could reduce incentives for stablecoin issuers to cooperate with law enforcement, potentially allowing criminal misuse.
Source: NY prosecutors raise alarm over GENIUS Act on fraud: Report (https://cointelegraph.com/news/ny-prosecutors-raise-alarm-over-genius-act-fraud-report?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound)