BIPARTISAN STABLECOIN BILL
Bipartisan Stablecoin Bill
US Senators Introduce Bipartisan Stablecoin Bill to Establish Regulatory Framework
Senators Kirsten Gillibrand and Cynthia Lummis have introduced the Lummis-Gillibrand Payment Stablecoin Act, a new bipartisan legislation aimed at creating a clear regulatory framework for payment stablecoins. The bill aims to protect consumers, promote innovation, and maintain the dominance of the US dollar while addressing concerns related to money laundering and illicit finance.
