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Lummis, Gillibrand Introduce Bipartisan Landmark Legislation to Create Regulatory Framework for Stablecoins
April 17, 2024
WASHINGTON, April 17 -- Sen. Cynthia M. Lummis, R-Wyoming, issued the following news release:

Today, U.S. Senators Cynthia Lummis (R-WY), member of the Senate Banking Committee, and Kirsten Gillibrand (D-NY), member of the Senate Agriculture Committee, introduced the bipartisan Lummis-Gillibrand Payment Stablecoin Act, landmark bipartisan legislation that creates a clear regulatory framework for payment stablecoins that will protect consumers, enable innovation and promote U.S. doll . . .

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