Connect with us

Cryptocurrencies News

US House Committee Publishes Draft Stablecoin Bill



The bill, available on the Committee’s hearing page, represents the first major piece of crypto legislation to move in 2023. It creates definitions for payment stablecoin issuers, echoing a term former Senator Pat Toomey (R-Pa.) used when he introduced his own stablecoin bill in 2022. The bill also calls for a moratorium on new stablecoins that are backed by other types of tokens until a study can be conducted.



Source link

Trending NEWS

Copyright © 2023 Cryptocurrencies.help . Be in touch with the latest news from cryptocurrencies.