Coin Center Opposes “Unconsititutional” Stablecoin Bill

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Coin Center, Cynthia Lummis, Kirsten Gillibrand, Lummis-Gillibrand, Payment Stablecoin Act, Stablecoin, Tether USD

Pro-crypto organization Coin Center is pushing against a new legislative bill targeted at regulating stablecoin use and operations. In a public statement released on Friday, the US-based advocacy group heavily criticized the Lummis-Gillibrand Payment Stablecoin Act, describing it as “unconstitutional” and anti-innovation. Latest Stablecoin Bill Is Bad Policy: Coin Center On Wednesday, senators Kirsten Gillibrand […]