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Crypto scores a victory as stablecoin legislation stays alive in Senate

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Summary
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73% Informative

Stablecoins are cryptocurrencies pegged to other assets, such as the US dollar, but they would not be protected by any sort of deposit insurance — as bank accounts are.

The bill still faces hurdles by some Democrats including Sen. Elizabeth Warren , who argued against the proposed legislation on the floor of the Senate Monday night .

VR Score

81

Informative language

84

Neutral language

65

Article tone

formal

Language

English

Language complexity

66

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

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