HBD will be effectively illegal in the US under proposed Stablecoin legislation

Proposed stablecoin legislation will make HBD illegal in the US - unless granted explicit approval by the Department of Treasury.

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HBD pretty clearly falls under the provided definition of a fiat-based stablecoin, regardless of being backed by Hive. That is at least if we continue to peg it to USD, or any other fiat currency.

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