Despite U.S. House Drama, Sens. Gillibrand, Lummis Bullish on Stablecoin Bill and Illicit Finance Legislation
Global Stablecoins need governing body, pose risk to financial stability says IMF, FSB in new G20 report
Rep. Maxine Waters criticizes PayPal’s stablecoin, demands regulation on par with financial institutions
Federal Reserve will require state banks to get written ‘non-objection’ from central bank before engaging with stablecoins
House Financial Services Committee chair renews call for stablecoin legislation after PayPal’s PYUSD announcement