# Powerful blockchain lobby group urges Washington not to overregulate stablecoins

# Powerful blockchain lobby group urges Washington not to overregulate stablecoins

“# Powerful blockchain lobby group urges Washington not to overregulate stablecoins ” A high-profile blockchain lobby group is urging United States lawmakers to adopt a “technology-neutral” approach when it comes to stablecoin regulation, arguing that dollar-pegged cryptocurrencies do not pose a system risk to the financial system. In a 17-page letter addressed to the President’s…

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