Lawmakers have moved a stablecoin invoice by the Home Monetary Companies Committee, profitable some help from a handful of Democrats on that panel. The regulatory effort would nonetheless must cross a flooring vote within the Home, although probably connected to a different must-pass spending invoice. Then it wants Senate approval, which has up to now been tougher to return by.
U.S. Federal Reserve’s Barr Holds Line on Central Financial institution Needing Stablecoin Powers
previous post