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Congresspeople speak out against Tlaib’s anti-stablecoin bill

Congresspeople speak out against Tlaib’s anti-stablecoin bill

On Wednesday night, Congresswoman Rashida Tlaib introduced a bill before the U.S. House of Representatives looking to make fiat-pegged stablecoin operators abide by the same rules and registration requirements expected of banks. The legislation, under the name “the Stablecoin Tethering and Bank Licensing Enforcement (STABLE) Act,” sets out a fresh and extremely expansive definition of […]

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