Bitcoinist
2024-04-18 07:30:36

Stablecoins Get A Seat At The Table: US Senators Unveil New Regulations

In a landmark move aimed at bringing stability and oversight to the rapidly expanding world of digital finance, US Senators Kirsten Gillibrand and Cynthia Lummis have unveiled the Lummis-Gillibrand Payment Stablecoin Act. The legislation, which has been in the works for months, seeks to establish a comprehensive regulatory framework for payment stablecoins, addressing concerns surrounding

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