Pro-Bitcoin Senator Cynthia Lummis is drafting regulations for stablecoins after attacking major stablecoin firm Tether in 2023. Pro-Bitcoin United States Senator Cynthia Lummis is drafting regulations for stablecoins, a type of cryptocurrency pegged to real-world assets to ensure stable prices. Lummis has been working jointly with Senator Kirsten Gillibrand for several months on a bill aiming to provide…
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