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With many lawmakers calling for swift action following the FTX fallout, one U.S. Senator has blamed “billionaire crypto bros” for deterring “meaningful legislation.”
Stablecoins—a digitally native medium of exchange that seeks to maintain a stable relative value—have seen explosive growth in recent years as they've become increasingly used not only...
The TRUST Act comes after Senator Toomey solicited legislative proposals on stablecoin regulations in the latter half of 2021.
On April 6, Senator Pat Toomey (R-PA) released a draft of his proposed stablecoin legislation titled, Stablecoin Transparency of Reserves and Uniform Safe Transactions Act, or the...
Several recent releases of draft legislation, reports, and speeches highlight the federal government's efforts in the first quarter of 2022 to address the rapidly developing digital...