Patrick Toomey actually said...

Stablecoins can speed up payments, especially cross-border transfers, reduce costs, including remittances, and help combat money laundering and terrorist financing through an immutable and transparent transaction record.

Context

Describes the benefits of stablecoins in financial transactions.

12/13/2021

https://www.congress.gov...

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the idea is to put in place a clear structure of escalating sanctions that will take place.
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Is there agreement that such secondary sanctions would impose significant new pressure on the regime?
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