What's at stake as the Senate takes its first major step toward crypto regulation
The Senate is set to vote on the bipartisan GENIUS Act, the first major attempt to regulate stablecoins, a form of cryptocurrency pegged to the U.S. dollar. With companies like Amazon and Walmart exploring their own digital currencies, Bloomberg's Zeke Faux joins "CBS Mornings Plus" to explain what's at stake for consumers.
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The Senate is set to vote on the bipartisan GENIUS Act, the first major attempt to regulate stablecoins, a form of cryptocurrency pegged to the U.S. dollar. With companies like Amazon and Walmart exploring their own digital currencies, Bloomberg's Zeke Faux joins "CBS Mornings Plus" to explain what's at stake for consumers.
