Circle and Coinbase shares rally after lawmakers unveil a stablecoin bill that mandates full reserves and Federal Reserve oversight.
Key takeaways
- Circle and Coinbase Stocks Rally Following New Stablecoin Legislation
- Circle and Coinbase shares jumped after lawmakers introduced an updated stablecoin regulatory bill that could reshape the U.S. crypto landscape. The new proposal, unve...
- The legislative draft, co-authored by House Financial Services Chair Patrick McHenry and ranking Democrat Maxine Waters, aims to set clearer standards for stablecoin i...
- Lawmakers pitched the bill as a bipartisan response to mounting pressure from both industry and regulators to clarify the rules governing dollar-pegged tokens. The pro...
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