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Gita Gopinath Says Stablecoins Held in 'Most Anonymous Form' — Warns Crypto Law Will Only Have 'Modest Effect' in Preventing Unlawful Activity
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Article summary
Economist Gita Gopinath said on Tuesday, June 30, that cryptocurrency legislation, including the GENIUS Act, will have limited success reducing illicit finance due to the large number of anonymous stablecoin holdings.
An excerpt from the original article.
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