Post by Augustine Chiagozie (@pabloexchange)
β Elizabeth Warren warns Elon Musk's π Money threatens 'stability of the financial system'
Warren highlighted π Moneyβs acquisition of 40 state money transmitter licenses and preview materials suggesting it will offer deposit accounts with up to 6% APY.
The Senator also flagged a "suspicious carveout" in the GENIUS Act's that she argues advantages private companies like π in issuing stablecoins.
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