The big news in crypto policy came out of the Senate this month. On April 17, Senators Cynthia Lummis (R-WY) and Kirsten Gillibrand (D-NY) partnered once again in the digital asset space, this time introducing the Lummis-Gillibrand Payment Stablecoin Act (S. 4155). The proposed legislation would establish a regulatory framework for the payment stablecoins.
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