Political Quotes

Andrew Garbarino: “If I am an issuer and I want to create a stablecoin, I technically don't know if I am going to be answering to a State…”

On the recordApril 18, 2023
If I am an issuer and I want to create a stablecoin, I technically don't know if I am going to be answering to a State regulator, a Federal banking regulator, the SEC, or the CFTC.
Said by
Andrew Garbarino
Republican · New York

Editor's note · Context

Garbarino highlights regulatory confusion for stablecoin issuers in the U.S.

Share

More from Andrew Garbarino

May 21, 2025

I am proud to have been the leading voice on Long Island during negotiations on this key reconciliation bill.

cbsnews.com
Apr 30, 2024

It is imperative that we get the CIRCIA rule right. CIRCIA should serve as the standard, not another regulation standing in the way of effective cyber defense.

congress.gov
Sep 11, 2026

That's why 9/11 happened. 9/11 happened because our intelligence agencies, they were siloed, they were not sharing information. I don't know if it was a complacency or whatever, but there were a lot of problems.

foxnews.com
Sep 11, 2026

Congress is very good at being reactive... We don't want another 9/11. So if I could leave my fingerprints on something here, it's the fact that the focus, Congress' focus on national security, Congress' focus on homeland security or…

foxnews.com

Other voices in this conversation