Summary
- The United States House Financial Services Committee announced the latest amendment to the Stablecoin Regulation Bill.
- The regulation bill includes provisions to enhance the transparency of stablecoins and clarify the responsibilities of issuers.
- This amendment will serve as the basis for the bill's review scheduled for the 2nd.
The United States House Financial Services Committee published the Amendment in the Nature of a Substitute (ANS) to the Stablecoin Regulation Bill (STABLE Act) on its official website on the 1st (local time).
Eleanor Terrett explained that "the ANS is the latest version reflecting recent revisions and additions to the existing bill, and will serve as the basis for the bill's review scheduled for the 2nd (local time)."
Meanwhile, the Stablecoin Regulation Bill aims to enhance the transparency of stablecoins and clarify the responsibilities of issuers.
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
