Draft stablecoin bill in Congress to require Fed, state regulator approval  

Draft legislation to create a U.S. federal framework around stablecoins would temporarily ban the types of payment coins that are not backed by outside assets, similar to the now-defunct UST. The post Draft stablecoin bill in Congress to require Fed, state regulator approval appeared first on The Block.

https://www.theblock.co/post/171565/draft-stablecoin-bill-in-congress-to-require-fed-state-regulator-approval