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US Senate approves promotion of stablecoin regulation law The Senate has voted to advance a key stablecoin regulation bill that could radically change the digital currency market in the US. šŸ“Œ What the document provides for: āœ… Full backing of stablecoins (1:1 with assets) āœ… Regular security audits āœ… Mandatory approval of the issue from government regulators āœ… Issuance is permitted only to licensed organizations šŸ’¬ The bill is aimed at increasing transparency and stability, as well as preventing financial risks in the sector.
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