US Senator Toomey introduces stablecoin bill as congressional session wraps up
The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session.
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The soon-to-retire senator introduced the new stablecoin bill only a few weeks before the end of the 117th US congressional session.
U.S. Senator from Tennessee Bill Hagerty gears up for re-election. The veteran politician earlier announced plans to introduce a new bill in Congress to establish clear guidelines for stablecoins. Hagerty had long advocated for cryptocurrency, believing its economic benefits positioned the US to lead in digital asset innovation. Back in 2024, he tabled a bill […]
The new bill is a refinement of Rep. Patrick McHenrys 2023 bill, which has bipartisan support.
Tennesse U.S. senator Bill Hagerty has warned about the consequences of the recent actions of the Securities and Exchange Commission (SEC) against cryptocurrency platforms in the country and the objectives that might be behind these. Hagerty stated that the true motivation behind the lawsuits against Coinbase and Binance is to remove the possible competitors of [...]
The post US Senator Bill Hagerty Warns SEC Actions ‘Pave the Way’ for a CBDC appeared first on Crypto Breaking News.
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