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White House Reaches Tentative Crypto Regulatory Agreement: Report
White House Reaches Tentative Crypto Regulatory Agreement: Report
Authored by Micah Zimmerman via BitcoinMagazine.com,
Key senators and the White House have reached a tentative agreement on cryptocurrency legislation aimed at resolving a dispute between banks and digital asset firms over stablecoin yields, according to Politico reporting.
The move could clear the way for a landmark crypto regulatory bill stalled in the Senate Banking Committee since January.
Sen. Thom Tillis (R-N.C.) and Sen. Angela Alsobrooks (D-Md.) said Friday they have an “agreement in principle” on language intended to balance innovation with financial stability.
The legislation...
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