U.S. Senators Cynthia Lummis and Kirsten Gillibrand are leading bipartisan efforts to regulate stablecoins in the United States. They introduced a new stablecoin bill aimed at advancing legislation in the crypto market. The bill requires 100% hard-currency backed stablecoins and aims to cultivate innovation while ensuring consumer protections. The proposed legislation has received mixed reactions, with concerns raised about potential stifling of innovation and constitutional issues.
Interested in the latest #stablecoin bill from @SenGillibrand and @SenLummis ? Hear our Chief Policy Officer @CodyCarboneDC break it down on @ThinkingCrypto1 👇 https://t.co/jfrukO6zGQ
A new Stablecoin Regulation Bill was introduced last week by @SenLummis and @SenGillibrand. Cody Carbone of the Chamber of Digital Commerce Joins me to discuss the bill and more. @CodyCarboneDC WATCH ▶️ https://t.co/cEiaSYSLNi Topics: - New #Stablecoin bill from Senators… https://t.co/ktA1qxk6td
Stablecoin legislation has dominated the DC #crypto policy landscape. If you're looking to understand the differences in the major proposals, we created one here: https://t.co/0Tuw5yOalP 1) Senate: Lummis-Gillibrand PSA 2) House: McHenry Clarity for Payments Stablecoin Act
Coin Center says the recently proposed stablecoin bill from Senators Cynthia Lummis and Kirsten Gillibrand may be "unconstitutional" due to its ban on algorithmic payment stablecoins https://t.co/Hr6pjl9wSl
I joined @SquawkCNBC to discuss the details of my brand new stablecoin legislation. The bill will cultivate innovation and allow the rapidly growing crypto asset industry to continue to gain a foothold in the U.S. while ensuring there are adequate consumers protections. https://t.co/RNFb0CCztf
The Lummis-Gillibrand bill introduced this week would create a regulatory framework for stablecoins, which is a laudable effort. Unfortunately, it includes a ban on "algorithmic payment stablecoins" that would stifle innovation and violate free speech rights under the First…
.@ForbesCrypto Digital Assets Director of Research @Steven_Ehrlich joined @JillMalandrino to discuss what the latest stablecoin bill could mean for the digital assets industry. Watch the full video: https://t.co/Hd3wuECIKb https://t.co/sdKJpxsefy
🗞️ Crypto News United States Senators Kirsten Gillibrand and Cynthia Lummis have unveiled a new bill, known as the Lummis-Gillibrand Payment Stablecoin Act. 🔗 https://t.co/6NVkE6kHXM #CryptoNews
💵 OPINION: A new proposed stablecoin bill in the U.S. Senate would create regulated and trusted dollar-based stablecoins. That might seem boring to crypto natives, but make no mistake—it would be a huge boon for the crypto industry, writes @davidzmorris. https://t.co/ywlRQZqYwr
Regulated Dollar Stablecoins Created by Proposed New Senate Bill Would be Crypto’s Ultimate Trojan Horse 💵 OPINION: A new proposed bill in the U.S. Senate would create regulated and trusted dollar-based stablecoins. That might seem boring to crypto natives, but make no…
Regulated Dollar Stablecoins Created by Proposed New Senate Bill Would be Crypto’s Ultimate Trojan Horse 💵 OPINION: A new proposed bill in the U.S. Senate would create regulated and trusted dollar-based stablecoins. That might seem boring to crypto natives, but it would be a…
"Our bill requires 100% hard-currency backed stablecoins," says @SenLummis. She joins @Jenniferisms to discuss a new bill that was introduced to offer stablecoin investment protection: https://t.co/s1o22zJmVG
The current draft of the stablecoin bill is great for Ethereum but terrible for America "99% of stablecoin market capitalization is linked to the U.S. dollar, meaning that crypto-assets are de facto traded in U.S. dollars. So it is likely that any expansion of trading in the…
.@SenLummis and @SenGillibrand release bipartisan stablecoin legislation https://t.co/c0XD7Sp1Gq https://t.co/c0XD7Sp1Gq
New stablecoin bill has been introduced in the U.S., what do we think...? 👀👇 https://t.co/BdKiWT2V4f
U.S. Senators @SenLummis and @SenGillibrand have introduced a new stablecoin bill in the latest effort to advance legislation addressing this corner of the crypto market. https://t.co/2rdBXP1HTB
'Bitcoin Senator' @SenLummis joined @gillibrandny in a fresh push for stablecoin legislation in the United States. Here's what they've proposed—click to read: https://t.co/IfmaGJbV7t
🚨 JUST IN: "Bitcoin Senator" Lummis is Leading the Charge for US Stablecoin Laws Senators Kirsten Gillibrand (D-NY) and Cynthia Lummis (R-WY) redoubled their bipartisan efforts on Capitol Hill to regulate stablecoins in the United States. https://t.co/2iXbS1odnq
.@SenLummis and @gillibrandny continue to advance crypto policy with their draft stablecoin bill. There is much left to be done, but great to also see others in Congress now engaging positively with crypto regulation. Innovation is not (and should never be) partisan. https://t.co/YbTFDyXbIj