Summary
- It was reported that the U.S. Stablecoin Regulation Bill made significant progress by being introduced to the House.
- The bill aims to increase the transparency of stablecoins and clarify issuer responsibilities.
- It was reported that the Republicans and President Trump plan to complete the final legislation by August, advising investors to pay attention.
Progress has been made in the legislation of the U.S. Stablecoin Regulation Bill (STABLE Act).
According to CoinDesk on the 3rd (local time), the Stablecoin Regulation Bill was introduced to the House after a vote by the House Financial Services Committee. In this committee vote, 27 Republicans and 5 Democrats voted in favor, passing with a total of 32 to 17.
The bill focuses on increasing the transparency of stablecoins and clarifying issuer responsibilities. If it passes both the House and Senate votes, both sides will begin working on a unified bill. The Republicans and President Donald Trump have set a goal to complete the final legislation by August.
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
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