“As mainstream finance moves into this space, I think people in Congress are going to see we can’t have our head in the sand anymore,” Lummis mentioned on the similar occasion on Tuesday, suggesting that some lawmakers might be extra comfy with the representatives of conventional monetary companies. “When they come into the room where the party’s happening,” she mentioned of the TradFi folks, “they bring a lot of people with them.”
Despite U.S. House Gridlock, Senator Gillibrand Bullish on Stablecoin Bill, Illicit Finance Legislation
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