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Cryptopolitan 2024-04-09 13:32:38

Coinbase CLO Paul Grewal advocates for stablecoin regulation ahead of senate banking trial

Coinbase CLO Paul Grewal urges stablecoins to be regulated prior to a Senate Banking Committee hearing on illegal finance, terrorism, and sanctions evasion. Grewal stated on X that legislation is vital and said Deputy Secretary Wally Adeyemo’s testimony before the Senate was essential. Grewal suggests that stablecoin legislation is required to tackle the tiny percentage

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