“As mainstream finance moves into this space, I think people in Congress are going to see we can’t have our head in the sand anymore,” Lummis said at the same event on Tuesday, suggesting that some lawmakers will be more comfortable with the representatives of traditional financial firms. “When they come into the room where the party’s happening,” she said of the TradFi people, “they bring a lot of people with them.”

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• Source: https://www.coindesk.com/policy/2023/10/24/despite-us-house-gridlock-senator-gillibrand-bullish-on-stablecoin-bill-illicit-finance-legislation/?utm_medium=referral&utm_source=rss&utm_campaign=headlines