The stablecoin bill marks the first significant crypto legislation of 2023.
The stablecoin bill marks the first significant crypto legislation of 2023.
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.
The crypto lending company plans to use the money from the sale to get cash and keep its business going.
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