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 “algorithmic payment stablecoins,” which could have sizeable implications for software program builders and the broader tech community. Lummis-Gillibrand Stablecoin Monthly bill Criticized […]
Resource































