đ Breaking News: Stablecoin Drama in Congress! đ
In a plot twist worthy of a Hollywood script, Rep. Maxine Waters (D-Calif.) and Rep. Patrick McHenry (R-N.C.) are racing against time to pass stablecoin legislation before the year ends. Waters wants a "grand bargain" while McHenry is cautiously optimistic. âł
Meanwhile, SEC Chair Gary Gensler was grilled like a summer BBQ by Republicans over his crypto oversight. McHenry called the SEC a "rogue agency" and Commissioner Hester Peirce admitted the ambiguity is intentional. đż
What do you think? Will they strike a deal? Comment below! đŹ #DeFi #Web3 #CryptoRegulation
