"US Stablecoin Bill Expected to Pass Within Weeks"

Source
Doohyun Hwang

Summary

  • The US Senate's stablecoin bill is expected to be brought to the plenary session within weeks.
  • The CEO of the Digital Chamber stated that the bill is delayed due to minor adjustments but will be formally introduced soon.
  • He added that bipartisan negotiations are actively ongoing, and the atmosphere for the bill's passage is positive.

The stablecoin bill (GENIUS Act) pending in the US Senate is expected to be brought to a vote in the plenary session within weeks.

On the 16th (local time), Cody Carbone, CEO of the Digital Chamber, stated in an interview with Cointelegraph, "The bill is only delayed due to some minor adjustments," and "It is expected to be formally introduced in the coming weeks."

He added, "A significant number of procedures have already progressed quickly," and "Bipartisan negotiations for the bill's passage are actively ongoing, and the overall atmosphere is very positive."

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Doohyun Hwang

cow5361@bloomingbit.ioKEEP CALM AND HODL🍀
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