The post Stablecoin Bill Unveiled by US House to Provide Guidance and Strengthen Fed Oversight appeared first on Coinpedia Fintech News
The US House Financial Services Committee has recently unveiled a draft stablecoin bill, demonstrating a bipartisan effort between House Republicans and Democrats. The primary objective of the bill is to provide “clarity” in terms of the market structure of digital assets and the regulatory framework surrounding stablecoins.
The bill will be further discussed and explored during the upcoming full Financial Services Committee hearing.
Will the US get much-needed clarity on digital assets?
The US House Financial Services Committee has scheduled a full committee hearing titled “The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem” on June 13.
A third draft stablecoin bill has been released by the Financial Services Committee, which combines concepts from both the Republicans’ and Democrats’ financial services commi
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