23 July 2026

Sources detail how Commerce Secretary Howard Lutnick and crypto adviser Bo Hines worked to shape the GENIUS Act and loosen safeguards to benefit Tether (Bloomberg)

Bloomberg:
Sources detail how Commerce Secretary Howard Lutnick and crypto adviser Bo Hines worked to shape the GENIUS Act and loosen safeguards to benefit Tether  —  It was billed as cryptocurrency's big moment, President Donald Trump's first legislative victory in his drive to make the US the “crypto capital of the world.”

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