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COINTELEGRAPH.COM NEWS · CRYPTO ·

Senators urge Treasury to 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 its application of stablecoin laws preserves and promotes state participation. This move highlights ongoing discussions about the balance between federal and state regulatory powers in the…

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