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Stablecoins won't get any kind of deposit insurance under GENIUS rules, says FDIC chief

Stablecoins won't get any kind of deposit insurance under GENIUS rules, says FDIC chief
Crypto

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Stablecoin users won't benefit from any government guarantee of their money when the new U.S. law is implemented to govern these tokens, said Federal Deposit Insurance Corp. (FDIC) Chairman Travis Hi… [+3546 chars]

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