The bill also provides express protection for issuers using public, decentralized networks, clarifying that such a design choice is not grounds for denial but a critical assurance for developers building on blockchain infrastructure.
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House introduces revised stablecoin legislation with compliance measures and developer protection
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The Stablecoin Transparency and Accountability for a Better Ledger Economy (STABLE) Act's March 26 version mandates consumer protection measures clarifying that stablecoins are not insured by the U.S. government and criminalizes any misrepresentation of such guarantees
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