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3232New Stablecoin Bill Faces Criticism for Stifling Innovation and Breaching First Amendment
https://www.digit.info/new-stablecoin-bill-faces-criticism-for-stifling-innovation-and-breaching-first-amendment/
Sat, 20 Apr 2024 21:25:18 +0000https://www.digit.info/2024/04/20/new-stablecoin-bill-faces-criticism-for-stifling-innovation-and-breaching-first-amendment/Read more]]>A new bill co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, aimed at regulating stablecoins, has drawn criticism for potentially stifling innovation and breaching First Amendment rights. The bill includes a provision that bans all “algorithmic payment stablecoins,” which could have significant implications for software developers and the broader tech community. Lummis-Gillibrand Stablecoin Bill Criticized […]
A new bill co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, aimed at regulating stablecoins, has drawn criticism for potentially stifling innovation and breaching First Amendment rights. The bill includes a provision that bans all “algorithmic payment stablecoins,” which could have significant implications for software developers and the broader tech community. Lummis-Gillibrand Stablecoin Bill Criticized […]
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