Sec. 10. Rules of construction
105 words·~1 min read·
/bill/117/s/5340/is/section-10·A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
Nothing in sections 2 through 6 may be construed as restricting activities involving instruments other than payment stablecoins. Nothing in this Act may be construed as— preventing a State banking supervisor from imposing additional or stricter regulatory standards on a person licensed by the State banking supervisor to issue payment stablecoins; superseding any requirement of State law relating to money transmitting businesses operating in that State, other than for payment stablecoin issuers; or limiting the authority of an insured depository institution to engage in activities permissible pursuant to applicable State and Federal law, including accepting or receiving deposits and issuing digital assets that represent deposits.