A new bill co-sponsored by Senators Cynthia Lummis and Kirsten Gillibrand, aimed at regulating stablecoins, has drawn criticism for potentially stifling innovation and breaching First Amendment rights. The bill includes a provision that bans all “algorithmic payment stablecoins,” which could have significant implications for software developers and the broader tech community. Lummis-Gillibrand Stablecoin Bill Criticized […]Regulation, algorithmic Stablecoins, Coin Center, Jerry Brito, Lummis-Gillibrand bill, Stablecoins, Stablecoins Act, Terra, Terra USTRead More

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