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14 days ago

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Stablecoin Legislation Must Respect the Dual-Banking System

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Stablecoin Legislation Must Respect the Dual-Banking System

The Lummis-Gillibrand stablecoin bill subordinates state regulation to federal control, giving Washington too much power as to which entities can issue these important digital assets, say Jack Solowey and Jennifer J. Schulp at the Cato Institute.

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Stablecoin Legislation Must Respect the Dual-Banking System

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Stablecoin Legislation Must Respect the Dual-Banking System

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