U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill

U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill

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Source: Coindesk.com

U.S. Senators Cynthia Lummis and Kirsten Gillibrand introduced a new stablecoin bill on Wednesday, hoping to create definitions for who can issue dollar-pegged digital assets and how. A stablecoin bill is the type of crypto-specific legislation most likely to become law, but progress on these efforts has stalled out in the past.

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The post "U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill" appeared first here Coindesk.com.

Source: Coindesk.com

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