Congress Still Can’t Get Its Act Together on Stablecoin Regulation
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House and Senate bills on stablecoins remain at odds—because when has DC ever agreed on anything financial?
Key sticking points? Who gets to call the shots: state regulators or the feds. Because nothing says ’efficient markets’ like a turf war.
Meanwhile, the crypto industry watches with a mix of amusement and horror—like traders spotting a 10x leverage position about to liquidate.
French Hill’s update? More like a reminder that politicians move slower than Bitcoin during a network congestion.
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