U.S. Federal Reserve’s Barr Holds Line on Central Financial institution Needing Stablecoin Powers

by Jeremy

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.

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