Alabama Lawmaker Raises Alarm On GENIUS Act’s Impact On Small Banks

Alabama State Senator Keith Kelley has warned that the GENIUS Act, signed into law on July 18, 2025, could trigger a wave of deposit outflows that would hurt rural community banks. Related Reading:...

By · · 1 min read
Alabama Lawmaker Raises Alarm On GENIUS Act’s Impact On Small Banks

Source: Bitcoinist.com

Alabama State Senator Keith Kelley has warned that the GENIUS Act, signed into law on July 18, 2025, could trigger a wave of deposit outflows that would hurt rural community banks. Related Reading: Hong Kong’s HashKey Pushes Into Digital Asset Treasury With $500M Fund Plan According to reports, Kelley set out his concerns in an […]