Progress Stablecoin Legislation or Risk the Financial Future

Cato Institute | Jack Solowey | Apr 20, 2023 Yesterday, the House Financial Services Committee’s Subcommittee on Digital Assets, Financial Technology, and Inclusion held a hearing on stablecoins (cryptocurrencies pegged to the value of an asset like the dollar). The committee deserves recognition for taking the all‐​important first step: admitting we have a problem. Witnesses largely

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