Northern Mariana Islands Approves Stablecoin Issuance on Tinian Island

According to PANews, the Northern Mariana Islands, a U. S. Pacific territory, has passed legislation allowing Tinian Island to issue a stablecoin, overturning Governor Arnold Palacios' veto from April 11. The House of Representatives approved the bill with 14 votes in favor and 2 against, following the Senate's re-evaluation on May 9, which passed with 7 votes in favor and 1 against source: https://www.binance.com/en/square/post/24311308277186?utm_source=BinanceNewsRSS