Senator Lummis Urges Banks to 'Embrace' Stablecoins Amid CLARITY Act Stalemate
In brief Sen. Cynthia Lummis has urged banks to “embrace” stablecoins, calling them a faster, cheaper payment rail and “an entirely new financial product” for...
Tag : Senator
Senator Warns of 'Potentially Criminal Conduct' Over UAE-World Liberty Financial Deal
In brief Senator Chris Murphy (D-CT) warned that those involved in alleged corruption could face jail time over a $187 million payment from a UAE...
Senator Shelves Card Fee Fight to Save Crypto Bill From Collapse – Will It Pass Now?
Senator Roger Marshall has agreed not to offer a controversial credit card swipe fee amendment during Thursday’s Senate Agriculture Committee markup of landmark crypto legislation,...
Senator Lummis says delay likely for market structure bill: Bloomberg
The debate over DeFi and stablecoin reward provisions in the CLARITY Act is at risk of holding the bill back as banking and crypto stakeholders...