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

A new bill co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, aimed at regulating stablecoins, has drawn criticism for potentially stifling innovation and breaching First Amendment rights. The bill includes a provision that bans all “algorithmic payment stablecoins,” which could have significant implications for software developers and the broader tech community. Lummis-Gillibrand Stablecoin Bill Criticized […]

source https://news.bitcoin.com/new-stablecoin-bill-faces-criticism-for-stifling-innovation-and-breaching-first-amendment/

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Barry Silbert Resigns as Chairman of Grayscale Investments

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