Senator Hagerty unveils stablecoin regulation framework to boost US Treasury demand

Senator Bill Hagerty (R-TN) unveiled a discussion draft of new legislation designed to provide a clear regulatory framework for stablecoin issuers. Hagerty, a member of the Senate Banking Committee, aims to remove regulatory uncertainty and unlock stablecoins’ full potential in enhancing payment systems and supporting US Treasury demand. Hagerty said in a statement: “Stablecoins have […] source: https://cryptoslate.com/senator-hagerty-unveils-stablecoin-regulation-framework-to-boost-us-treasury-demand/