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The Responsible Financial Innovation Act – A Bullet Point Summary
From CNN: three major crypto bill all cleared the House on Thursday.Here’s a brief summary of the bills:
The GENIUS Act, which already cleared the Senate in June, would regulate a kind of crypto called “stablecoins.” These tokens are the lifeblood of crypto. Their values are pegged to regular currencies like the dollar, and they act as a bridge
Timeline of Events
2011-2012:
The Obama administration targets the online poker industry, pressuring banks to cut off their services to poker companies.
2013:
- Operation Choke Point 1.0 begins. The Department of Justice (DOJ), in coordination with the Federal... See more
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