Up Next
Back to Show
Amanpour & Co.
New Crypto Bill Will “Unleash Chaos,” Warns Economist
The Senate recently passed the Genius Act. This bill establishes regulatory frameworks for the stablecoin, a cryptocurrency that will hold the same value as the US dollar. For the digital assets industry, the move is a historic milestone. But Barry Eichengreen, Professor of Economics and Politics at U.C. Berkeley, warns that the Genius Act could bring economic chaos. He joins the show to explain.
Support Provided By
