First Mover Americas: BTC Post-Halving – Remember the Macroeconomy: Goldman Sachs

Lyllah Ledesma is a CoinDesk Markets reporter currently based in Europe. She holds bitcoin, ether and small amounts of other crypto assets.

. The quadrennial event will reduce BTC's per block emission to 3.125 BTC, cutting the pace of new supply by 50%.. Investment banking giant Goldman Sachs, however, cautioned its clients from reading too much into the past halving cycles.

The lawmakers unveiled a new stablecoin bill Wednesday in the latest effort to create legislation directly addressing this corner of the crypto market. Under their proposed bill, payment stablecoin issuers would have reserve and operational requirements, including needing to create subsidiaries specifically to issue stablecoins. The bill would also require stablecoin issuers to deal in dollar-backed tokens.

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