Sen. Lummis says Washington is 'on the precipice' of stablecoin and crypto regulation bills

“We’re on the precipice of finally creating a bipartisan legislative framework for both stablecoins and market structure,” said Sen. Cynthia Lummis, R-Wyo. on Wednesday.So far this year in the new Congress, the focus has been on first regulating stablecoins, with both Republican and Democratic lawmakers coming out with bills over the past several weeks.