US Stablecoin Regulations Spark Controversy Over Economic Impact and Innovation

Framework Ventures co-founder Vance Spencer criticizes US stablecoin regulations, arguing they could undermine the dollar’s global dominance and stifle financial innovation by restricting foreign issuers’ access to the US Treasury market. The proposed GENIUS Act raises concerns about limiting competition and potentially pushing digital finance development abroad. Critics suggest that the regulations may prioritize domestic financial firms over broader economic stability, raising questions about the true motivations behind these policies.

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Xbox Shifts Focus to Player Choice Over Platform Conversion, Says CEO

Phil Spencer, CEO of Microsoft Gaming, announced that Xbox is no longer focused on converting players from other platforms, emphasizing player choice in gaming. He acknowledged the industry’s growth challenges and rising game development costs, suggesting that limiting game access is counterproductive. Concerns about Xbox hardware’s future remain, while potential collaborations with the upcoming Nintendo Switch 2 could see titles like Microsoft Flight Simulator and Halo: The Master Chief Collection released on the platform.

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