The Daily Hodl: US Lawmakers Introduce Plan to Regulate Emerging Sector of Crypto Markets
Lawmakers in Congress are introducing the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act aimed at regulating the growing stablecoin market. Congresswoman Rashida Tlaib, Congressman Jesús “Chuy” García and Congressman Stephen Lynch introduced the act this week. It act would amend the Federal Deposit Insurance Act to classify and regulate stablecoins. If passed, the act […]
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