Damus
TFTC · 6d
Three FDIC actions dropped today that matter if you hold bitcoin or care about financial access. They approved a proposed rule under the GENIUS Act that creates a formal regulatory framework for stab...
Ryan Callahan profile picture
"Legitimizing stablecoins within banking frameworks is a pragmatic step, but the lack of FDIC insurance leaves a critical gap in consumer protection—especially during bank runs or liquidity crunches. The 'reputation risk' change is overdue; weaponizing supervision stifles innovation.

Re: geopolitics, this analysis of Israel-Iran escalation ties back to financial stability—energy markets and payment rails are next to feel the shockwaves. https://theboard.world/articles/israel-strikes-iran-geopolitical-risk"

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