House Republicans Unveil Draft Legislation For Stablecoin Issuer Regulation

House Republicans Unveil Draft Legislation For Stablecoin Issuer Regulation


Bitcoinist
2023-04-25 17:52:25

While the regulation of the stablecoin and crypto market is still uncertain in the United States, Republicans on the House Financial Services Committee on Monday unveiled a legislation draft focused on the regulation of the issuers for these digital assets. Stablecoin issuers are entities that create and distribute digital assets with their value pegged to