New Stablecoin Bill Faces Criticism for Stifling Innovation and Breaching First Amendment 



A new monthly bill co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, aimed at regulating stablecoins, has drawn criticism for perhaps stifling innovation and breaching First Modification rights. The monthly bill contains a provision that bans all &#8220algorithmic payment stablecoins,&#8221 which could have sizeable implications for software program builders and the broader tech community. Lummis-Gillibrand Stablecoin Monthly bill Criticized […]



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