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

U.S. Senators Cynthia Lummis (R-Wyo.) and Kirsten Gillibrand (D-N.Y.) are taking another swing at crypto-specific legislation, with a narrowly tailored bill seeking to define how stablecoins – cryptocurrencies that maintain a value with some other asset, like the U.S. dollar – will operate in the U.S. source: https://www.coindesk.com/policy/2024/04/17/us-senators-lummis-gillibrand-take-on-stablecoin-legislation-with-new-bill/?utm_medium=referral&utm_source=rss&utm_campaign=headlines