U.S. Senators Propose New Bill Banning Algorithmic Stablecoins

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 value with some other asset or currency – will operate in the U.S. The…#cynthialummis #kirstengillibrand #usdcoin #patrickmchenry #ranking #maxinewaters #kevinmccarthy
Source: Reuters: Health - Category: Consumer Health News Source Type: news