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News Explorer — Senators Warren, Blumenthal Prod Meta Over Stablecoin Plans

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Jun 11, 6:04 pm
Coindesk

Senators Warren, Blumenthal Prod Meta Over Stablecoin Plans

Senate Democrats Elizabeth Warren and Richard Blumenthal have requested Meta to disclose its stablecoin plans, citing concerns about potential privacy issues and anticompetitive behavior. The lawmakers raised questions about Meta's stablecoin ambitions and its past struggles with scams and privacy breaches.

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