Odaily Planet Daily News The U.S. House of Representatives Financial Services Committee plans to advance stablecoin regulatory legislation on April 2. The bill has bipartisan support in both the Senate and the House and is seen as a priority for the crypto industry.
Earlier this month, the Senate Banking Committee passed a similar bill, indicating that Congress is moving toward establishing a federal regulatory framework for stablecoins. Industry insiders believe that this legislative progress reflects the growing influence of the crypto industry in Washington and also shows an urgent need for clear regulatory guidance. (Bloomberg)