United States Senators Propose New Legislation to Regulate the Stablecoin Market
Two United States Senators have proposed new legislation to regulate stablecoin cryptocurrencies and clarify their role in the country's financial landscape. On Wednesday, April 17, Bloomberg reported that Senator Kirsten Gillibrand of New York and Senator Cynthia Lummis of Wyoming jointly introduced the Lummis-Gillibrand Payment Stablecoin Act in their latest ...