In accordance with Coinotag, Rep. Marjorie Taylor Greene claims the GENIUS Act includes a loophole that could enable government control over money through central bank digital currencies (CBDCs). However, attorney Braden Perry argues the claim lacks legal foundation, stating the Act regulates private stablecoins separately from CBDCs. Greene voted against the bill in July 2025, alleging it opens a back door to CBDCs and accusing House Speaker Mike Johnson of unfulfilled promises. Perry clarifies that stablecoins under the GENIUS Act are distinct from CBDCs and are not classified as securities or central bank money. The bill passed the House with broad Republican support, but Greene’s opposition highlights internal GOP tensions over crypto regulation and privacy. The Anti-CBDC Surveillance State Act, which prohibits the Federal Reserve from issuing a CBDC, remains pending in the Senate.
Rep. Greene Claims GENIUS Act Contains CBDC Loophole, Experts Dispute Legal Basis
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