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Major Crypto Bill Passed! Congressman Richie Torres

The Wolf Of All Streets

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The Future of Cryptocurrency

Congress passed bipartisan legislation that would establish a framework for regulating stable coins and the most controversial issue in stable coins was the state path. The federal reserve felt strongly That there should be federal preemption that only the federal reserve should be a regulator of stable coins. So that was the main controversial issue but we passed it on a bipartisan basis. And I Argu that this is going to reinforce the status of the dollars of world reserve earth A congressman said he feels like Congress would benefit from a new generation of leadership.

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