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2025-02-05 00:28:06

TFTC on Nostr: New Senate bill aims to regulate stablecoins. Key provisions: - 1:1 USD backing ...

New Senate bill aims to regulate stablecoins.

Key provisions:
- 1:1 USD backing required
- Strict KYC & AML compliance
- No rehypothecation of reserves
- Consumer protection measures
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