Ohio’s Brown wants ‘specific’ rules for stablecoin, open-minded on crypto regulation

Senator Sherrod Brown, Chairman of the Senate Banking Committee isn’t convinced stablecoins will offer what they intend, voicing concerns that lax oversight could result in a repeat of a financial crisis.

But in an interview with Yahoo Finance, the Ohio Democrat described himself as open-minded on how to , and doesn’t want to kill innovation.

“My job is not to resist or say no to cryptocurrency generally, but to make sure that they follow rules, that they are regulated, and transparency…


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