Coin Center Opposes Proposed Stablecoin Bill
On April 19, Coin Center, a prominent cryptocurrency advocacy organization, encountered opposition to the Senate’s bill regarding stablecoins. Proposed by Senators Kirsten Gillibrand and Cynthia Lummis, the Payment Stablecoin Act aims to control stablecoins that mirror the value of conventional currencies, like the US dollar. According to Coin Center, ending algorithmic stablecoins raises an questionable … Read more