Democrat Maxine Waters Proposes Stablecoin Regulation in Bipartisan Bill
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Democrat Maxine Waters called for support on bipartisan stablecoin legislation
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This bill is crafted with input from both Republican and Democratic congressional staff. Moreover, it is seen as a bipartisan effort to create a balanced, effective framework for stablecoin regulation.
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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.
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