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U.S. Senators Lummis, Gillibrand Take on Stablecoin Legislation With New Bill

Senators Cynthia Lummis and Kirsten Gillibrand unveiled a new bill Wednesday, hoping to move the needle on stablecoin legislation.

By Nikhilesh De|Edited by Sandali Handagama
Updated Apr 18, 2024, 6:48 p.m. Published Apr 17, 2024, 9:00 a.m.
U.S. Sens. Kirsten Gillibrand and Cynthia Lummis are hopeful about aspects of their sweeping crypto bill. (Stephen Lovekin/Shutterstock for CoinDesk)
U.S. Sens. Kirsten Gillibrand and Cynthia Lummis are hopeful about aspects of their sweeping crypto bill. (Stephen Lovekin/Shutterstock for CoinDesk)