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Stablecoin bill advances with sweeping bans on non-bank issuers like Meta

Summary by CryptoPanic
Senate Republicans and Democrats have agreed on potential amendments to the Stablecoin bill. Crypto journalist Eleanor Terret announced the update on X, noting that the Senators agreed on changes to provisions on consumer protection, ethics, bankruptcy, foreign issuers, and national security....
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CryptoPanic broke the news in on Friday, May 16, 2025.
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