#StablecoinLaw
1 Law requires tokens to be backed by liquid assets.
2 Measure is first major crypto law enacted in US.
3 Some crypto firms look to gain bank licenses.
4 Critics say loopholes in law risk making US haven for criminals.
1 Law requires tokens to be backed by liquid assets.
2 Measure is first major crypto law enacted in US.
3 Some crypto firms look to gain bank licenses.
4 Critics say loopholes in law risk making US haven for criminals.