Government Stablecoin Payments Would Fuel 'Tax Evasion Economy,' Lawmaker Warns
Rep. Brad Sherman warned that allowing government payments in stablecoins would "sanctify an alternative to the U.S. dollar."
Fast Company AI·
The trap of having to strip away guardrails isn’t an accident of competition; it’s being maintained by the government through incentives.
Read full articleRep. Brad Sherman warned that allowing government payments in stablecoins would "sanctify an alternative to the U.S. dollar."
"The whole conversation shifted from tokenmaxxing and 'go fast' to 'we need guardrails, how do we control this?'"
MIT RAISE and Georgia State University announce an initiative to connect universities, community colleges, industry, and government to expand industry-aligned AI training and career pathways.
Coinbase froze more than $3 million in crypto tied to Southeast Asian scam networks as federal officials expanded a wider fraud crackdown. The DOJ-backed effort also involved major tech companies, law enforcement agencies, and infrastructure providers. How Coinbase’s $3M Freeze Fits Into a Wider DOJ Scam Crackdown Crypto exchange Coinbase (Nasdaq: COIN) said June 3 […]
A government takeover of the leading labs remains unlikely, but Bernie Sanders’s public-ownership proposal and President Trump’s model-review order show how quickly the debate over AI control is shifting.
The AI-driven memory chip demand surge risks economic disruption, prompting calls for policy intervention to stabilize supply and prices. The post US business groups urge government to boost memory chip supply amid AI boom appeared first on Crypto Briefing.
Robert Kiyosaki questioned how a government that takes “40% of everyone’s money” can still accumulate massive debt. The Rich Dad Poor Dad author pointed to America’s growing debt burden, arguing that strong tax collections have not prevented Washington from borrowing heavily. Rich Dad Poor Dad Author Turns a 40% Tax Claim Into a Debt Warning […]
The Ohio city’s chief innovation and technology officer is focused on continually evolving its processes to keep up with rapid tech advances. Residents, she said, want to interact with government “differently.”