Crypto Execs Set to Attend U.S. Stablecoin Bill Signing
After months of legislative debate, the United States is set to officially regulate stablecoins. Following a decisive vote in the House of Representatives on Thursday, the stablecoin bill will be signed into law by President Donald Trump in a special ceremony scheduled for Friday evening at the White House. The new legislation, known as the […]
Coin Centre Group Expresses Concern Over Stablecoin Bill
Coin Center, a US-based advocacy organization for cryptos, has raised concerns regarding the Senate establishing a regulatory bill for stablecoins. Senators Kirsten Gillibrand and Cynthia Lummis have introduced the Lummis-Gillibrand Payment Stablecoin Act . According to the legislation, Coin Center argued in an April 19 notice that the proposed prohibition on algorithmic stablecoins would be […]