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Published 22 days ago

Stablecoin Regulation: Legal Veteran Kicks Against Lummis-Backed Bill

Summary by Coingape
There is contention that the new stablecoin regulation Bill, co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand may contribute significantly to stifling innovation in the United States. The Now Popular Stablecoin Regulation Bill Lummis and Gillibrand introduced the 179-page bill last week with a focus on legitimizing and clarifying different parts of these cryptocurrencies that are pegged to a fiat.  In addition, the proposed bill ha…

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Stablecoin Regulation: Legal Veteran Kicks Against Lummis-Backed Bill

There is contention that the new stablecoin regulation Bill, co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand may contribute significantly to stifling innovation in the United States. The Now Popular Stablecoin Regulation Bill Lummis and Gillibrand introduced the 179-page bill last week with a focus on legitimizing and clarifying different parts of these cryptocurrencies that are pegged to a fiat.  In addition, the proposed bill ha…

22 days ago
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