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GOP Lawmakers Warn Fed Guidance 'Subverts' Stablecoin Bill

By Courtney Bublé (August 28, 2023, 6:02 PM EDT) -- Three key U.S. House Republicans have warned that recent guidance from the Federal Reserve on payment stablecoins appears designed to keep banks out of cryptocurrency, thwarting Congress' efforts to craft legislation allowing the banks to safely engage in the business....

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