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EN
The GENIUS Act: A Primer for Ordinary People
['Gaurav Bhalla']
Fair Observer
That’s what they would like to know now in plain English — no technobabble — how the GENIUS Act is likely to affect their day-to-day lives.
The first question many people usually ask: “Why do we need the GENIUS Act?
It is these infrastructure weaknesses that the GENIUS Act wishes to improve.
The GENIUS Act aims for a similar transformative leap in financial matters.
Here’s what people should keep in mind:The GENIUS Act is new; implementation will take time.
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'fees'
'regulated'
'pay'
'primer'
'act'
'money'
'law'
'ordinary'
'digital'
'genius']