The GENIUS Act and the Wild West of crypto
About this episode
If Congress passes the GENIUS Act, banks will be allowed to issue their own cryptocurrency, as long as it’s tied to a stable asset like the dollar. But some economists warn it could have very unstable outcomes.
*** Thank you for listening. Help power On Point by making a donation here: wbur.org/giveonpoint
Get every episode summarized
Each time On Point with Meghna Chakrabarti publishes, we email you a written briefing from the transcript — the topics, who appeared, and any specific claims, with the ad reads skipped.
Email me new episodesFree for 3 shows. No card needed.
Hosts & guests
No transcript yet
This episode has not been transcribed. Request it and it moves to the front of the queue.
More episodes
More from On Point with Meghna Chakrabarti
How 9/11 shaped America
On Point with Meghna Chakrabarti
Did the Treasury just make it easier to launder money?
On Point with Meghna Chakrabarti
Who's to blame when AI goes rogue?
On Point with Meghna Chakrabarti
How should e-bikes be regulated?
On Point with Meghna Chakrabarti