Sen. Lummis Eyes Stablecoin Bill to Promote Crypto Legislation

Senator Cynthia Lummis disclosed on CoinDesk TV Thursday that the much-anticipated legislation to establish regulations for U.S. stablecoin issuers is undergoing quite delicate negotiations. She emphasized ongoing discussions between Democrats and Republicans and between the U.S. Senate and the House of Representatives. Optimism Amid Negotiations As the Senates leading advocate for crypto policy and the co-author of significant legislative efforts aimed at regulating digital assets, Lummis expressed optimism regarding the potential success of stablecoin legislation this year. She...


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