Stablecoin Bill Faces Hurdles in Congress | Crypto

Stablecoin Bill Faces Hurdles in Congress

A bill that would have regulated stablecoins is unlikely to pass in Congress
– the bill would have required companies to get a banking charter and adhere to banking regulations
– Opponents of the bill argue that it would stifle innovation and make it difficult for companies to comply
– Supporters of the bill argue that it is necessary to protect consumers and prevent money laundering

crypto b 1600 Stablecoin Bill Faces Hurdles in Congress

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