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Crypto becomes the next financial sector under the diversification lens of US lawmakers

Waters, who is also leading an effort with the committee’s top Republican to draft legislation to regulate stablecoins, signed the letters along with other committee Democrats, sending the requests to prominent crypto companies such as Binance.USACircle, FTX and Coinbase, as well as companies that invest in the sector, such as Andreessen Horowitz and Digital Currency Group, the parent company of CoinDesk.

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