New Stablecoin Bill Faces Criticism for Stifling Innovation and Breaching First Amendment 

A caller measure co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, aimed astatine regulating stablecoins, has drawn disapproval for perchance stifling innovation and breaching First Amendment rights. The measure includes a proviso that bans each “algorithmic outgo stablecoins,” which could person important implications for bundle developers and the broader tech community. Lummis-Gillibrand Stablecoin Bill Criticized […]