What was the initial reaction from Pat Toomey regarding the US government's stable coin regulation plan?
Novogratz Calls China’s Stablecoin ‘Really Dangerous’

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5 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
He fully supported it.
He proposed an alternative plan.
He had some reservations.
He was unaware of it.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the suggested role of private businesses in the stable coin system?
They should only invest in stable coins.
They should regulate the stable coins themselves.
They should create stable coins under regulatory guidelines.
They should be completely excluded.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the potential benefit of allowing more flexibility in stable coin regulations?
It would increase government control.
It would eliminate the need for regulations.
It would make stable coins obsolete.
It could lead to more innovation.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the main concern about China's stable coin?
It is not recognized internationally.
It is decentralized.
It poses a geopolitical threat.
It is not backed by any assets.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is it important for the US to act quickly on its stable coin strategy?
To avoid losing the dollar's global dominance.
To increase the value of the dollar.
To compete with European stable coins.
To reduce inflation.
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