Republican Senator Bill Hagerty will submit a stablecoin regulatory framework bill on Tuesday
Republican Senator Bill Hagerty will submit a stablecoin regulatory framework bill on Tuesday in response to the crypto industry's call for clear regulation. The bill aims to create a predictable regulatory environment for stablecoins pegged to the dollar, and has received support from President Trump. Industry insiders believe that federal-level regulation will enhance the legitimacy of stablecoins and is expected to promote wider market adoption.
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Data: A certain whale purchased 2,024 ETH and currently holds 7,066 ETH.