New draft of House stablecoin regulation focuses on state regulators, issuers

New draft of House stablecoin regulation focuses on state regulators, issuers

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A growing number of voices have warned about the impact that a "run" on stablecoins could have on traditional financial markets. WASHINGTON — Republicans on the House Financial Services Committee on Monday released a new draft of legislation to regulate stablecoin issuers, part of an effort to…

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