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2025-05-21 18:53:01 CEST
in reply to

Sal Rahman on Nostr: I guess the approach people want: let some traders within some states fail, and in ...

I guess the approach people want: let some traders within some states fail, and in states that literally spells out redeemable tokens (such as in Wyoming), let them get the protection 🤷‍♂️

Again remember, in the current laws, no protection (e.g. no reserve requirements), and under the new proposed GENIUS Act, there is strict 1:1 reserve requirement.