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news The Hindu 2026-05-13

US Senate's Landmark Crypto Bill: Key Provisions and Industry Concerns

The U.S. Senate has introduced a significant bill concerning cryptocurrencies. A key point of contention is the proposed prohibition on third parties, such as crypto exchanges, from paying interest on stablecoins, which companies argue is anti-competitive.


Crypto companies say that prohibiting ‍third parties, such as ⁠crypto exchanges, from paying interest on stablecoins would be anti-competitive

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