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US Lawmaker introduces a draft bill focused on stablecoins management

 

 

New Jersey Rep. Josh Gotteheimer, a member of the Democratic Party, disclosed an early draft of legislation aimed at placing reports around stablecoins. Legislation is focused on engraving authorized stablecoins out from more volatile cryptocurrencies.

Putting more suitable protections in place for consumers and investors is one of the main goals. The other important thing that the law would help with is supporting fintech innovation in the US.

read more: source insidebitcoins.com

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