New Stablecoin Invoice Faces Criticism for Stifling Innovation and Breaching First Modification 

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A brand new invoice co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, geared toward regulating stablecoins, has drawn criticism for doubtlessly stifling innovation and breaching First Modification rights. The invoice features a provision that bans all “algorithmic cost stablecoins,” which might have vital implications for software program builders and the broader tech neighborhood. Lummis-Gillibrand Stablecoin Invoice Criticized […]

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