On the recordDecember 13, 2021
If Congress banned stablecoins, do you think that maybe people in other countries would develop stablecoins?
Source
congress.govIf Congress banned stablecoins, do you think that maybe people in other countries would develop stablecoins?
Toomey questions the effectiveness of banning stablecoins.
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I think there is a case to be made that there should be a regulatory regime on disclosure requirements for an issuer.
It is absolutely essential to investigate any fraud and violations of existing law, and prosecute those who are committing those crimes.