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Three Democratic lawmakers introduce a bill that would require stablecoin issuers to obtain a banking charter, approval from the Federal Reserve and FDIC, more (Nikhilesh De/CoinDesk)
![Three Democratic lawmakers introduce a bill that would require stablecoin issuers to obtain a banking charter, approval from the Federal Reserve and FDIC, more (Nikhilesh De/CoinDesk)](https://ournewsfortoday.com/wp-content/uploads/2020/12/Three-Democratic-lawmakers-introduce-a-bill-that-would-require-stablecoin.jpg)
Nikhilesh De / CoinDesk:
Three Democratic lawmakers introduce a bill that would require stablecoin issuers to obtain a banking charter, approval from the Federal Reserve and FDIC, more — A new U.S. Congressional bill would require stablecoin issuers to secure bank charters and secure regulatory approval prior to circulating any stablecoins.
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