Democrat Maxine Waters, the representative for California’s 43rd Congressional District introduced a draft bill aiming to regulate stablecoin issuers in the US

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On February 10, Maxine Waters, the representative for California’s 43rd Congressional District, introduced an initial discussion draft. The unnamed bill seeks to establish a regulatory framework for stablecoin issuers in the US.
Top Democrat of the House Financial Services Committee Maxine Waters released a discussion draft on Monday to regulate stablecoins, according to a copy obtained by Punchbowl News.

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