Crypto: Crossing a Major Frontier
Change is coming quickly. Cryptocurrencies are actually becoming useful. They’re starting to have legitimate real-world uses beyond naked speculation and ridiculous internet memes. As I wrote earlier this week in Freeport Navigator, Amazon and Walmart are looking to launch stablecoins, dollar-backed cryptos designed to be spent.
The GENIUS Act creates the legal framework to make this doable.
Change is coming quickly. Cryptocurrencies are actually becoming useful. They’re starting to have legitimate real-world uses beyond naked speculation and ridiculous internet memes. As I wrote earlier this week in Freeport Navigator, Amazon and Walmart are looking to launch stablecoins, dollar-backed cryptos designed to be spent.
The GENIUS Act creates the legal framework to make this doable.