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