US Senate Targets Stablecoin Market Players
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The United States Senate is scrutinizing new legislation aimed at tightening the reins on stablecoins, particularly impacting firms like Tether, the issuer of USDT – a prominent crypto token tethered to the US dollar. The GENIUS Act under review seeks to establish more stringent regulatory compliance for entities operating within the stablecoin market.
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4h ago•
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