U.S. Senator Cynthia Lummis stated that Congress should ensure that banks, stablecoin issuers, and crypto financial institutions are treated equally in regulation to promote a clearer and more unified regulatory framework. She believes that clarifying the regulatory framework for stablecoins and the banking system will help promote innovation while safeguarding financial stability and provide clear rules for the digital asset market. (TheBlock)
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U.S. Senator Cynthia Lummis stated that Congress should ensure that banks, stablecoin issuers, and crypto financial institutions are treated equally in regulation to promote a clearer and more unified regulatory framework. She believes that clarifying the regulatory framework for stablecoins and the banking system will help promote innovation while safeguarding financial stability and provide clear rules for the digital asset market. (TheBlock)