BREAKDOWN: The Stablecoin TRUST Act Could Enshrine Financial Privacy

A discussion draft of the bill was released by Sen. Pat Toomey.

This episode is sponsored by Nexo.io, Arculus and FTX US

One of crypto’s biggest allies in the Senate, Pat Toomey (R-Pa.), has just released a discussion draft of a bill that would clarify stablecoin legislation. On today’s episode, NLW breaks down what the bill includes and why some in the crypto space are calling it a major step forward for financial privacy. 

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“The Breakdown” is written, produced by and features Nathaniel Whittemore aka NLW, with today’s editing by Rob Mitchell and Eleanor Pahl, research by Scott Hill and additional production support by Eleanor Pahl. Adam B. Levine is our executive producer and our theme music is “Countdown” by Neon Beach. The music you heard today behind our sponsor is “I Don’t Know How To Explain It” by Aaron Sprinkle. Image credit: Kevin Dietsch/Getty Images, modified by CoinDesk. Join the discussion at discord.gg/VrKRrfKCz8

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