Regulators Miss Stablecoin Deadline: The Bureaucracy of Nada Continues
The big shots in Washington, with their fancy "GENIUS Act," managed to completely whiff their own July 18th deadline for stablecoin rules. This means more glorious "regulatory uncertainty" for the crypto world, which frankly sounds a lot like our local internet service. We were promised clarity, but all we got was a legal void as clear as a murky tide pool.