Browsing: stablecoin legislation

Stablecoin proposals are taking center stage as crypto firms seek to navigate the ongoing legislative gridlock surrounding the crypto market structure bill.With negotiations in the Senate stalling, the idea of empowering community banks to take a more significant role within the stablecoin ecosystem has emerged.

Singapore plans to pilot tokenized bills while also introducing legislation related to stablecoins. This initiative aims to enhance the country’s financial technology landscape. The pilot program will explore the use of digital tokens to represent…