Long-Awaited US Stablecoin Law Decision Postponed

Long-Awaited US Stablecoin Law Decision Postponed


Coinnounce
2022-07-27 06:01:17

The House Financial Service Committee has postponed its long-awaited stablecoin bill to September after objection from Treasury Secretary Janet Yellen. This will delay congressional discussions on this topic until after the August recess ends on September 5. Doubts Regarding Custody The legislation negotiated between committee chair Maxine Waters and Patrick McHenry was initially scheduled for […]