Senators led by Republican Cynthia Lummis are insisting the Treasury Department ensure states get a process to prove their ability to supervise stablecoins.
U.S. senators, led by Republican Cynthia Lummis, are pushing the Treasury Department to include states in the stablecoin supervision process. They insist that states should have a clear mechanism to demonstrate their capability in overseeing stablecoins, ensuring they are not…
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