Mars Financial News: MoonPay CEO Ivan Soto-Wright wrote to the US Congress today, supporting the National Association of State Bank Supervisors (CSBS) proposed amendments regarding equal regulatory authority for state and federal stablecoin issuers in the GENIUS and STABLE Acts. He emphasized that the current bill provisions excessively favor the federal pathway, which may weaken the competitiveness of state-licensed issuers. He called on Congress to amend the law to maintain competition, fairness, and consumer protection. (Crypto in America)
MoonPay writes to Congress to support CSBS, calling for stablecoin bill to ensure equal status of state regulation
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