Скачать или смотреть GENIUS Act Fails: Republicans Demand CBDC Ban in Stablecoin Bill || Gavin Mehl

🎙️ Welcome to the Gavin Mehl Channel! In this breaking news update, I cover the failure of the GENIUS Act, the stablecoin legislation that was being considered in Congress. The bill failed primarily because it didn't include explicit language banning Central Bank Digital Currencies (CBDCs), a provision that several Republican representatives, including Marjorie Taylor Greene, insisted upon before giving their support.

With Republicans holding only a slim majority in Congress, the bill required nearly unanimous party support to pass. This development aligns with President Trump's campaign promises to oppose CBDCs, making the omission of such language from the bill a critical oversight.

I discuss Marshall Hayner's potential involvement in drafting new legislation, noting his connection to Elon Musk who seems to have given him a "golden key" of influence despite not being officially in government. This relationship could prove valuable in advancing revised stablecoin legislation that explicitly prohibits CBDCs.

The video also touches on exciting developments in the blockchain space, particularly with MN Money and Dan Wagner's new application that allows for permanent, censorship-resistant photo storage on the Bitcoin blockchain. This innovation addresses growing concerns about corporate control of personal data and content censorship on traditional platforms.

Looking forward, I speculate that any successful stablecoin legislation will need to include clear CBDC prohibition language while providing regulatory clarity for compliant stablecoin issuers. The Money team is highlighted as being exceptionally compliant with regulations, potentially positioning them favorably when new legislation eventually passes.

🕒 Timestamps
00:00 GENIUS Act Failure in Congress
00:30 Why Republicans Opposed: Missing CBDC Ban
01:15 Marshall Hayner's Potential New Bill
02:05 MNEE Money and Dan Wagner's Progress
02:30 Permanent photos on Blockchain
03:30 Censorship-Resistant Storage
04:45 Future of Stablecoin Legislation

📖 Blog post: Why Republicans Killed the GENIUS Act and What Comes Next
The CBDC Ban That Wasn't There
https://app.treechat.com/quest/5b60ff...

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📌#geniusact #cbdcban #stablecoinbill #marshallhayner #elonsupport #republicansvsdemocrats #cbdc #bitcoinstorage #blockchaincensorship #mneemoney #danwagner #permanentblockchainstorage #congressnews #digitalcurrencyban #centralbankdigitalcurrency #bitcoinblockchain #censorshipresistance #trumponcbdc #cryptonews #gavintalkscrypto
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