Hagerty Releases Discussion Draft of Comprehensive Stablecoin Legislation
October 10, 2024
October 10, 2024
WASHINGTON, Oct. 10 -- Sen. Bill Hagerty, R-Tennessee, issued the following news release:
United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee, today released a discussion draft of legislation that establishes a clear regulatory framework for the regulation and supervision of stablecoin issuers.
"Stablecoins have the potential not only to enhance transactions and payment systems, but also to help create new demand for U.S. Treasuries . . .
United States Senator Bill Hagerty (R-TN), a member of the Senate Banking Committee, today released a discussion draft of legislation that establishes a clear regulatory framework for the regulation and supervision of stablecoin issuers.
"Stablecoins have the potential not only to enhance transactions and payment systems, but also to help create new demand for U.S. Treasuries . . .