HB259 — Stablecoin; license required for issuance or sale of stablecoins, Alabama Securities Commission to enforce and authorize, penalties provided

HB259 — Stablecoin; license required for issuance or sale of stablecoins, Alabama Securities Commission to enforce and authorize, penalties provided · Informed CitizenryHB259 mandates that any entity wishing to issue or sell 'stablecoins'—a type of digital cryptocurrency designed to hold a stable value—must obtain a license. The law delegates the authority to…Open in Informed Citizenry