CoinGape
2024-04-17 15:59:55

Breaking: US Senators Unveil New Bill Banning Algorithmic Stablecoins

Senators Cynthia Lummis and Kirsten Gillibrand have introduced a significant legislative proposal aimed at regulating stablecoins. Their bipartisan effort underscores the growing urgency within the House and Senate to address the regulatory framework surrounding digital currencies. With stablecoins increasingly gaining traction in the financial landscape, Lummis and Gillibrand seek to strike a balance between protecting The post Breaking: US Senators Unveil New Bill Banning Algorithmic Stablecoins appeared first on CoinGape .

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