Law Daily Report

Stablecoin Bill Officially Delayed Past August, Rep Maxine Waters Says

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

Law Law Headlines News

Law Law Latest News,Law Law Headlines

For years, federalreserve said there's no chance of a digital dollar unless Congress directs it to do so. But RepMaxineWaters has indicated the now-delayed stablecoins bill could be that directive. Watch more on State of Crypto, presented by trondao:

The legislation that could establish U.S. regulations for stablecoins has formally been delayed until after the August congressional break, according to Rep.

Maxine Waters , the chairwoman of the House Financial Services Committee. CoinDesk Global Policy & Regulation Managing Editor Nikhilesh De breaks down the latest timeline for the bill.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in LAW

Law Law Latest News, Law Law Headlines