Crypto-Skeptic Senator Sherrod Brown Open To Stablecoin Legislation, Bloomberg Reports

Staunch crypto-skeptic Senator Sherrod Brown (D-H) is open to passing a stablecoin bill, a Tuesday report from Bloomberg reveals. Brown's willingness to advance the legislation comes amidst news of the introduction of Representatives Cynthia Lummis (R-WY) and Kirsten Gillibrand's (D-NY) "Lummis-Gillibrand Payment Stablecoin Act of 2024."

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