Senate Banking Committee Chair Sherrod Brown supports combining stablecoin bill with marijuana businesses and executive compensation clawbacks, increasing chances for passage while emphasizing strong cryptocurrency regulation.

Senate Banking Committee Chair Sherrod Brown has expressed interest in advancing a stablecoin bill by combining it with legislation on marijuana businesses and executives' compensation clawbacks. Brown's support significantly boosts the chances of the stablecoin bill passing. However, he emphasizes that any compromise must address his concerns for robust cryptocurrency regulation to protect consumers.

April 16, 2024
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