Things in the U.S. Senate are moving with a law that seeks to regulate stablecoins. Although it initially seemed there would be consensus, the situation has now become complicated.
Several senators who previously supported the bill have withdrawn their support, citing concerns about national security and anti-money laundering (AML).
Some political leaders are pushing to reject the proposal, reflecting internal tensions over how to regulate stablecoins.
🤔 What's happening?
🔐 National security: There are fears that the law may leave loopholes that could be exploited by foreign actors for undesirable purposes.
🧾 Money laundering: The proposal does not have sufficient controls to prevent stablecoins from being used for illegal purposes.
⚖️ Political distrust: It is also mentioned that there may be private interests behind the law, generating distrust in the process.
📉 How does this affect crypto?
Without clear regulation, companies may think twice before getting involved with stablecoins.
This also creates uncertainty among users, who do not know if what they are using is entirely legal or safe.
Meanwhile, other countries that are already advancing in regulation may take advantage and capture some of the spotlight.
💬 What do you think?
Should they rush with a law, or is it better to wait and ensure things are done right? How do you think this could hinder the use of stablecoins outside the U.S.?
Leave your opinion below or pass it to someone who is interested in the topic! 📲