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Bo Hines Eyes Stablecoin LegislationCoinGape
•Business
Business & Economics
65% Informative
Executive Director of the Presidential Working Group on Digital Assets Bo Hines has issued a timeline for stablecoin regulation in the US .
Hines is predicting a two-month window for legislators to wrap up existing bills for final assent by the President.
US Treasury Secretary Scott Bessent noted that the US is keen on exploring stablecoins to maintain the dollar's position as the global reserve currency.
VR Score
54
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51
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53
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formal
Language
English
Language complexity
55
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not hateful
Attention-grabbing headline
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short-lived
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3
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3
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