US senators propose bipartisan stablecoin bill opening door to FDIC insurance in US

US senators Cynthia Lummis and Kirsten Gillibrand have jointly unveiled bipartisan legislation aimed at creating a clear regulatory framework for payment stablecoins, according to an April 17 statement. Dubbed the Lummis-Gillibrand Payments Stablecoin Act, the proposed law wants to “protect…#cynthialummis #kirstengillibrand #usdcoin #ustreasury #adewaleadeyemo #fdic

Source: Reuters: Health - April 17, 2024 Category: Consumer Health News Source Type: news