Is Meta Planning a Secret Stablecoin? Senators Warren and Blumenthal Demand Answers

2025-06-12 04:56:53

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Story Highlights* Senators Warren and Blumenthal demand Meta disclose its stablecoin plans amid rising regulatory scrutiny.

Lawmakers warn Meta's crypto ambitions could pose economic and privacy risks.
Meta denies active stablecoin development, but evidence suggests ongoing talks with crypto firms.

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