According to a report from Coin World, on July 18 (UTC+8), U.S. Congressman Brad Sherman once again strongly criticized crypto stablecoins during a speech in Congress, stating that they are "neither stable nor currency" and are essentially "non-interest-bearing money market accounts," questioning their economic appeal. He pointed out that stablecoins evade AML regulations, perfectly catering to the needs of drug traffickers, human traffickers, sanction evaders, and tax evaders, calling them "tools for hiding assets." Sherman has previously taken a vehemently opposing stance against crypto asse
View Original