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COINTELEGRAPH.COM NEWS · CRYPTO ·

Senators urge Treasury ensure state authority in GENIUS application

As reported by Cointelegraph.com News
A bipartisan group of US senators told the Treasury that its application of stablecoin laws should be done in a way that “preserves and promotes State participation.”
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A bipartisan group of US senators has urged the Treasury Department to ensure that the application of stablecoin laws actively preserves and promotes state participation. The senators emphasized the importance of maintaining state authority within the evolving regulatory…

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