Gaining Momentum: The First Senate Discussion Draft on Stablecoins

Alexandra Steinberg Barrage, Andrew Lorentz
Davis Wright Tremaine LLP
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On April 6, 2022, Ranking Member of the Senate Banking Committee Senator Toomey (R-PA) released the Stablecoin Trust Act of 2022 (Draft Bill), marking a milestone in his continued effort to provide clarity on a regulatory framework for stablecoins.

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