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The KRIPTO industry groups invite US legislators not to delay the Stablecoin account How new proposals threaten to slow down his progress.
Four organizations for Lobbying the cryptocurrency – the Blockchain Association, the Crypto Council for Innovation, the Digital Chamber and the Education Fund Defon Joint statement 2. June.
They said: “As the proposal of the law continues through the amendment procedure, we respectfully invite MPs to remain dedicated to its central goal: Providing a targeted and comprehensive approach to stablecoin control‘
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The proposal of the law, known as the guidance and establishment of national innovation for the American Stablecoins (Genius), is Was expected to reach the Senate floor for Final Discussion June 3. The procedural voting on May 19 showed that there was enough support to move and move to the House of Representatives.
However, Senators Dick Durbin and Roger Marshall want to enclose a separate bill of law, called the Credit Card Competition Act (approx)to the legislation of Stablecoin.
Their proposal would require that large payment companies, such as Vis, Mastercard and American Express, are directly competing at the fees they charge when people buy. This amendment has nothing to do with cryptocurrencies, but he could complicate the path of the law.
Stablecoin’s account briefly had Lost support Of several democratic legislators on May 8th for concern about President Donald Trump’s involvement in cryptocurrency.
May 15. The Senators removed the provisions related to Trump from the Law on Genating Law to help the return of two -party support. What did Cynthia Lummis and Kirsten Gillibrand Senators say about change? Read the whole story.
After a master’s degree in economics, politics and culture of the East Asia region, Aaron wrote scientific papers by analyzing the differences between Western and collective forms of capitalism in the Era after World War II.
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