Senators Gillibrand and Lummis Spearhead Bold Legislation to Regulate Stablecoins in the U.S.
Top American financial regulatory figures such as Jerome Powell (Federal Reserve Chair), Janet Yellen (Treasury Secretary), and Wally Adeyemo (Deputy Treasury Secretary) have recently expressed their support for Congress passing laws to regulate stablecoins. On April 17, Senators Kirsten Gillibrand (Democrat from New York) and Cynthia Lummis (Republican from Wyoming) presented a bipartisan bill called … Read more