Coinnounce
2020-12-03 06:09:22

US lawmakers propose a new bill seeking mandatory federal approval for stablecoins.

A new bill, introduced to the US Congress this week, could enforce blanket regulation on all stablecoins. If passed, any service provided concerning stablecoins would become illegal without first receiving multiple government bodies’ approval. The proposed bill, dubbed “The Stable Act,” is meant to “protect consumers from the risks posed by emerging digital payment instruments, […]

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer