Senator Cynthia Lummis
@SenLummis
(2/7) MYTH: The bill does nothing to prevent stablecoins from being exploited by terrorists, cartels, and criminals.
FACT: The GENIUS Act requires all stablecoin issuers, even those based overseas, to be able to freeze and recover coins when ordered by U.S. authorities.
2025-05-06T18:43:11.000Z