US Senators Cynthia Lummis and Kirsten Gillibrand Propose Bipartisan Legislation for Payment Stablecoins

US senators Cynthia Lummis and Kirsten Gillibrand have joined forces to introduce a groundbreaking bipartisan legislation known as the Lummis-Gillibrand Payments Stablecoin Act. The primary objective of this proposed law is to establish a clear regulatory framework for payment stablecoins…