US senate advances stablecoin legislation after clearing procedural vote

Landmark legislation aimed at establishing a regulatory framework for stablecoins in the United States took a significant step forward in the Senate on Monday night, as lawmakers voted to overcome a critical procedural obstacle, setting the stage for further debate and an eventual final vote on the bill’s passage. source: https://coinjournal.net/news/us-senate-advances-stablecoin-legislation-after-clearing-procedural-vote/