The U.S. House of Representatives and Senate have begun working together on a bill to create new market structure rules around digital assets, The Block reported. The bill comes in parallel with another regulatory move aimed at advancing a bipartisan framework for stablecoins. Foresight News previously reported that the U.S. House of Representatives Financial Services Committee released a draft version of the Stablecoin Act, which includes suspending the use of stablecoins backed by other cryptocurrencies, studying the potential impact of a CBDC issued by the Federal Reserve, and more. definition.