Sorry to be the bearer of bad news but the smart contract behind ERC20 tokens (including USDT) allows for freezing assets. This bill also makes coins like HBD and DAI illegal because they are backed by Hive and Ethereum respectively.
Sorry to be the bearer of bad news but the smart contract behind ERC20 tokens (including USDT) allows for freezing assets. This bill also makes coins like HBD and DAI illegal because they are backed by Hive and Ethereum respectively.
RE: GENIUS Act Passes: Major Milestone For Crypto