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US Gets Newly Proposed Stablecoin Regulation in Bipartisan Bill

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In what is a monumental moment for the asset class and the country itself, the US has gotten a newly proposed stablecoin regulation in a bipartisan bill. Indeed, United States Representative Maxine Waters has introduced a draft bill that would regulate issues of the digital asset. The legislation would be yet another massive step forward for clear regulation in the country. Moreover, the step aligns with the pro-crypto stance of the returning Trump administration. However, its bipartisan support and extensive consultation provide what could be a much-needed regulatory framework for the country. Source: National Affairs Also Read: Bitcoin Reserve & Stablecoins: David Sacks Unveils Groundbreaking Crypto Bill US Representative Maxine Waters Introduces Bipartisan Stablecoin Regulation Bill There is no understating of the massive shift that the United States has undergone in recent months regarding the cryptocurrency sector. With the election of pro-crypto President Donald Trump, a comp...