Gadgets: Meta's Stablecoin Plans Likely to Face Regulatory Pushback as US Senator Warren Questions GENIUS Act

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Meta's Stablecoin Plans Likely to Face Regulatory Pushback as US Senator Warren Questions GENIUS Act 

Over the weekend, US Senator Elizabeth Warren snubbed the idea of letting Big Tech companies dive too deep into the stablecoin sector. In an interview with CoinDesk, Warren said that Big Tech's introduction of stablecoin transactions could "choke off small businesses from the payments system."

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