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Cryptoknowmics 2022-12-22 14:41:59

US Senator Pat Toomey Presents Stablecoin Bill For Crypto Regulation

Pat Toomey, a Republican senator who will leave the U.S. Congress at the conclusion of the current session, spent one of his final few weeks in office to present a new stablecoin bill that would provide a legislative structure for payment of stablecoins. US Senator Introduces Stablecoin Bill The Stablecoin TRUST Act of 2022 will serve as the foundation for stablecoin regulation for his colleague’s senators, who are intending to enact stablecoin legislation in 2023, according to Toomey, who is also a senior member of the U.S. Banking Committee. The senator described stablecoins as an exciting technological advance that might The post US Senator Pat Toomey Presents Stablecoin Bill For Crypto Regulation appeared first on Cryptoknowmics-Crypto News and Media Platform .

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