US Senator Introduces Bill to Create Federal Regulatory Framework for Payment Stablecoins

A bill has been introduced by a US Senator that aims to create the first federal regulatory framework for payment stablecoins. The legislation, called the Stablecoin Transparency of Reserves and Uniform Safe Transactions Act of 2022 (also known as the Stablecoin TRUST Act of 2022), was introduced by Senator Pat Toomey, who is a member … Continue reading US Senator Introduces Bill to Create Federal Regulatory Framework for Payment Stablecoins