On the recordApril 18, 2023
I will not support any stablecoin legislation that preempts the New York State Department of Financial Services or otherwise encroaches on the sovereignty of New York State.
Source
congress.govI will not support any stablecoin legislation that preempts the New York State Department of Financial Services or otherwise encroaches on the sovereignty of New York State.
Torres emphasizes the importance of state sovereignty in stablecoin legislation.
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