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2019-12-02 05:43:46

US lawmakers considering to classify stablecoins as securities

US lawmakers have proposed a bill to regulate stablecoins as securities. The proposed bill could place a greater regulatory burden on stablecoin projects such as Libra. Both the Texas representatives Lance Gooden and Sylvia Garcia had proposed legislation called “Managed Stablecoins and Securities Act of 2019” earlier in October of this year.   “The legislation […]The post US lawmakers considering to classify stablecoins as securities appeared first on Coinnounce.