U.S. Congress has drafted a new bill for stablecoins, Cointelegraph reports
• Registering as a stablecoin issuer could become mandatory
• Failure to register could result in up to five years in prison and a fine of $1 million
• Issuers must demonstrate technical expertise and established governance
https://cointelegraph.com/news/u-s-congress-to-introduce-new-draft-bill-for-stablecoins