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Rep. Ritchie Torres on Why Congress Should Make Clear Crypto Laws - Ep. 524
Unchained
The Stablecoin Act Failed to Reach a Bipartisan Deal in the House
"I'm committed to preserving the prerogatives of the New York State Department of Financial Services," McHenry says. "If you're a stablecoin issuer, you should have the flexibility to choose between a federal license and a state license" The bill is likely to command more bipartisan support than the market structure bill did, he adds.
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