New Stablecoin Bill Faces Criticism for Stifling Innovation and Violating First Amendments
A new bill sponsored by Senators Cynthia Lammis and Kirsten Gillibrand aimed at regulating stablecoins has drawn criticism for stifling innovation and violating First Amendment rights. The bill includes a provision banning all “algorithmic payment stablecoins,” which could have major implications for software developers and the broader tech community. Lummis-Gillibrand Criticizes Stablecoin Bill […]
