U.S. Congress to introduce new draft bill for stablecoins

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Failure to register as a stablecoin issuer could result in up to five years in prison and a fine of $1 million. Issuers out of the United States would have to seek registration to operate in the country.

Source: Cointelegraph.com News

#Stablecoin, #UnitedStates, #WhiteHouse

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