US Lawmakers Introduce Bill That Would Require Stablecoin Issuers to Obtain Bank Charters

2020-12-3 01:37

Rep. Rashida Tlaib, Rep. Stephen Lynch and Rep. Jesus Chuy Garcia have introduced a bill that would require stablecoin issuers to secure bank charters and either obtain FDIC insurance or maintain full reserves to operate in the U.S.

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