Amendment · S.Amdt. 2315· Senate(119-SAMDT-2315)

S.Amdt. 2315

Age: 77 years

Massachusetts

This amendment was never taken up, and the bill finished without it. It was never voted on.

What this amendment would do

This amendment was submitted by Ms. Warren. Its purpose is to change section 4(a)(11) of the bill regarding payment stablecoins.

Prohibition on interest: The amendment adds a rule stating that no person may pay the holder of a payment stablecoin any form of interest, yield, or similar inducement for holding, using, or retaining a payment stablecoin.