Stablecoin Bill Gets Lifeline as Northern Mariana Senate Overturns Veto

Stablecoin Bill Gets Lifeline as Northern Mariana Senate Overturns Veto

The stablecoin bill in the Northern Mariana Islands isn’t dead yet. On May 9, the Senate voted 7–1 to override Governor Arnold Palacios’ veto, pushing the legislation to the House for a final vote. If approved by a two-thirds majority, the bill would allow the island of Tinian to issue casino licenses and launch its fully-backed stablecoin. Tinian Lawmakers Push the Stablecoin Bill The stablecoin bill which was introduced in February, proposes t…

Stablecoin bill gets second chance with Northern Mariana lawmakers - WorldNL Magazine

Tinian, a small island in the US territory of the Northern Mariana Islands, could get a second chance at launching a stablecoin after the territory’s Senate voted to override the governor’s earlier veto of its stablecoin bill.On May 9, the Northern Mariana Islands Senate voted 7-1 to override Governor Arnold Palacios' April 11 veto of the bill, which would allow the Tinian local government to issue licenses to internet casinos and includes a pro…

Stablecoin bill gets second chance with Northern Mariana lawmakers – MAXBIT

The Senate for the US Pacific territory of the Northern Mariana Islands has overridden a governor’s veto of a stablecoin bill, which will now head for a House vote. Tinian, a small island in the US territory of the Northern Mariana Islands, could get a second chance at launching a stablecoin after the territory’s Senate...