Stablecoin Issuers May Need Licenses in Texas, Unlike Most Crypto Startups39

A new memo by the Texas Department of Banking notes that stablecoins may fall under the state's definition of "money" and therefore would be subject to money transmission laws.

Original source
https://www.coindesk.com/stablecoin-issuers-may-need-licenses-in-texas-unlike-most-crypto-startups

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