A big worry is that the company hasn't said what it will do with the money from selling stablecoins.
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Coin Cnn Money latest news, images, analysis about WebCOIN - Coinbase Global Inc Stock quote - CNNMoney.com Markets Tech Media Success Video Coinbase Global Inc (NASDAQ:COIN) 56.36 Delayed Data As of 4:00pm ET -0.73 …
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According to reports, 'endogenously collateralized stablecoins,' which rely on the value of an attached cryptocurrency from the same inventor to maintain a stable price, will be covered by the definition of the bill.
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On Monday, Senator Andrew Bragg unveiled a draft bill that would control cryptocurrency exchanges, stablecoins, and the virtual currency known as the yuan.
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