Proposals forcing stablecoin issuers to get banking licenses won't increase financial inclusion, as their proponents claim.
Women of color from the cryptocurrency industry are concerned the STABLE Act would make wealth disparities in the U.S. much worse.
The STABLE Act regulating the burgeoning stablecoin industry is misplaced and overly broad, says our columnist.
The STABLE Act would force all stablecoin issuers to have bank licenses, a shot across the bow that portends an emerging legal challenge for the industry.