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Sophia Panel

U.S. Senate releases 278-page crypto bill January 13, adding stablecoin limits

On January 13, the U.S. Senate released a 278-page bipartisan crypto market structure bill after extensive negotiations in Washington. The draft sets activity-based limits on stablecoin rewards that could advantage banks and constrain non-bank firms, and allows a 48-hour window for amendments.
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Stablecoin