2025-4-3 09:41 |
A bill to regulate stablecoin in the United States has been passed by the US House Financial Services Committee. On April 2, the Committee approved the Stablecoin Transparency and Accountability for a Better Ledger Economy Act in a 32-17 vote.… origin »
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The STABLE Act of 2025 passed a committee vote to regulate stablecoins, establishing reserve backing, audits, and AML requirements. As major financial players enter the space, the market faces increased scrutiny, with weaker players likely to be weeded out.
2025-4-3 10:54 | |
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The GENIUS bill passed the Senate Banking Committee on March 13 with a vote of 18-6 The aim is to get the bill on US President Donald Trump’s desk and signed in the next two months The STABLE Act is scheduled for the House Financial Services Committee on April 2 The White House is pushing […] The post Report: White House pushes Congress to pass stablecoin bill appeared first on CoinJournal.
2025-3-25 20:09 | |
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According to analysts, the GENIUS Act could accommodate Tether with slight conditions The U.S. Senate Banking Committee has advanced the bill for debate and a vote The U.S. stablecoin bill, The post GENIUS Act's current form is 'great for Tether USDT' - Here's why! appeared first on AMBCrypto.
2025-3-15 18:00 | |
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The United States Senate Banking Committee elected to advance the Guiding and Establishing National Innovation for US Stablecoins (GENIUS) Act in an 18-6 vote.
2025-3-14 22:20 | |
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The Senate Banking Committee passed the GENIUS Act with bipartisan support on an 18-6 vote, clearing the bill for the full Senate to consider. Senator Bill Hagerty authored the bill, which received the backing of all Republican members of the Committee and Democratic Senators Mark Warner, Andy Kim, Lisa Blunt Rochester, Ruben Gallego, and Angela […] The post Senate Banking Committee passes GENIUS Act with bipartisan support, advancing stablecoin regulation appeared first on CryptoSlate.
2025-3-14 21:42 | |
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The first committee approval of a stablecoin bill in this new congressional session now moves the so-called GENIUS Act toward the Senate floor.
2025-3-14 19:51 | |
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United States Senator Bill Hagerty has introduced an updated version of the Guiding and Establishing National Innovation for US Stablecoins Act ahead of a key Senate Banking Committee vote on March 13.
2025-3-11 11:14 | |
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The GENIUS Act's review could significantly shape stablecoin regulation, impacting global financial markets and aligning with international standards. The post GENIUS stablecoin bill to begin Banking Committee review on March 10 week appeared first on Crypto Briefing.
2025-3-1 01:09 | |
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Stablecoin and crypto-market structure bills may now see faster progress, the report said.
2024-11-7 16:00 | |
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Senator Bill Hagerty (R-TN) unveiled a discussion draft of new legislation designed to provide a clear regulatory framework for stablecoin issuers. Hagerty, a member of the Senate Banking Committee, aims to remove regulatory uncertainty and unlock stablecoins’ full potential in enhancing payment systems and supporting US Treasury demand.
2024-10-12 02:00 | |
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U.S. Rep. Maxine Waters (D-Calif.), the House Financial Services Committee's ranking Democrat, suggested in a Securities and Exchange Commission oversight hearing on Tuesday that she and the Republican chairman should finish a bill this year to regulate U.S. stablecoin issuers.
2024-9-26 18:51 | |
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House Financial Services Committee Ranking Member Maxine Waters said a stablecoin bill “in the short run” was coming amid negotiations with Republican lawmakers and the Senate.
2024-4-26 19:19 | |
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US Representative Maxine Waters, the ranking member of the Financial Services Committee, has suggested that bipartisan consensus is imminent regarding stablecoin legislation. This development underscores ongoing efforts across party lines and government agencies to establish a regulatory framework for digital assets.
2024-4-25 14:14 | |
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U.S. House Representative Maxine Waters (D-California), the top Democrat on the House Financial Services Committee, told Bloomberg Wednesday "We are on our way to getting a stablecoin bill in the short run.”
2024-4-25 10:31 | |
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The window is narrowing for legislation to set up rules for stablecoin issuers in 2024, but the retiring chairman of the House Financial Services Committee says it can be done.
2024-4-11 17:32 | |
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US Treasury Deputy Secretary Adewale Adeyemo said Russia was increasingly using alternative payment mechanisms like Tether’s USDT stablecoin to bypass economic sanctions, according to his written testimony on April 9 to the Senate Banking, Housing, and Urban Affairs Committee.
2024-4-9 14:25 | |
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Stablecoin issuers Tether told CryptoSlate in a Feb. 16 statement that it is actively averting the misuse of stablecoin technology by working with global law enforcement agencies. The remarks followed comments by Caroline Hill, Senior Director of Global Policy and Regulatory Strategy at Circle, during a House Financial Services Committee hearing titled ‘Crypto Crime in […] The post Tether CEO implies Circle director misled Congress in ‘desperation’ attack on USDT appeared first on CryptoSlate.
2024-2-17 17:59 | |
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Adrian Orr, the governor of the Central Bank of New Zealand, has criticized stablecoins, stating they cannot replace traditional currency and “are not stable. ” During a parliamentary finance committee meeting on Feb.
2024-2-12 11:31 | |
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The Committee on Payment and Market Infrastructures has highlighted both the potential and the substantial challenges of adopting stablecoins in global cross-border payments, underscoring their current non-compliance with international regulations.
2023-10-31 18:19 | |
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Existing stablecoins aren't fully compliant with relevant regulatory requirements, a report by the Committee on Payment and Market Infrastructures said.
2023-11-1 15:56 | |
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BlockFi is requesting to convert the assets to Gemini Dollar (GUSD) or another stablecoin The motion has been backed by the court-recognized BlockFi creditors’ committee. BlockFi started the process of returning users’ funds on August 16 after the court allowed the corporation to open withdrawals.
2023-8-30 16:06 | |
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Leading Republican House Financial Services Committee members have voiced deep concerns over recent actions taken by the Federal Reserve Board (Fed) that they believe undermine the progress made by Congress in establishing a regulatory framework for payment stablecoin.
2023-8-29 04:00 | |
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The committee members suspect the Fed is trying to hold up Congressional efforts to pass stablecoin legislation by restricting banks’ actions.
2023-8-29 23:05 | |
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Three U.S. representatives expressed concerns on Aug. 28 regarding stablecoin and crypto rules recently put forward by the Federal Reserve. Today’s objection was signed by three U.S. representatives: Patrick McHenry, Chairman of the House Financial Services Committee; French Hill, Chairman of the Committee on Financial Services Subcommittee on Digital Assets; and Bill Huizenga, Chairman of […] The post Republican lawmakers object to Fed’s proposed crypto, stablecoin rules appeared first on CryptoSlate.
2023-8-29 22:50 | |
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According to a recent report by Bloomberg, Maxine Waters, the top Democrat on the House Financial Services Committee, expressed deep concern over PayPal Holdings Inc. ’s stablecoin launch without a comprehensive regulatory framework.
2023-8-10 08:00 | |
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Democratic U. S. Congresswoman and House Financial Services Committee Ranking Member Maxine Waters criticized PayPal’s stablecoin on Aug. 9. Waters said in a statement: “I am deeply concerned that PayPal has chosen to launch its own stablecoin while there is still no Federal framework for regulation, oversight, and enforcement of these assets.
2023-8-10 04:00 | |
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The top Democrat on the House Financial Service Committee criticized PayPal’s plans in a statement on Wednesday.
2023-8-9 19:52 | |
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United States Republican Patrick T. McHenry, Chair of the House Financial Services Committee, has released a statement calling for the need to pass the Stablecoin Bill in the wake of PayPal’s launch of its own stablecoin PYUSD.
2023-8-8 13:30 | |
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Representative Patrick McHenry, the US House Financial Services Committee chair, endorsed PayPal’s stablecoin, PYUSD, as a key pillar for modern payments. The endorsement was given on Aug. 7, shortly after PayPal announced the stablecoin launch in partnership with Paxos. In…
2023-8-8 12:54 | |
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In a notable move that highlights the growing acceptance and potential of stablecoins in modern payment systems, PayPal has announced the launch of its payment stablecoin PYUSD. This development comes shortly after the House Financial Services Committee passed the Clarity for Payment Stablecoins Act, a bipartisan legislation that paves the way for regulated stablecoin issuers, […]
2023-8-8 06:00 | |
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Representative Patrick McHenry, (R-NC), chair of the U. S. House Financial Services Committee Chairman, endorsed PayPal’s recently-announced stablecoin on Aug. 7. McHenry said in a statement: “[PayPal’s] announcement is a clear signal that stablecoins—if issued under a clear regulatory framework—hold promise as a pillar of our 21st century payments system.
2023-8-8 04:00 | |
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Long-awaited stablecoin bill has passed first major stress test in House
2023-7-28 15:30 | |
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In a momentous move, the US House Financial Services Committee has taken a significant step forward in establishing a federal regulatory framework for stablecoins despite the fears of Elon Musk creating his own.
2023-7-28 08:45 | |
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House lawmakers cleared stablecoins legislation for the next step in its route through Congress on Thursday, though the House Financial Services Committee moved the bill toward a potential floor vote without bipartisan support as Chair Patrick McHenry (R-N.
2023-7-28 05:00 | |
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Federal Reserve Chairman Jerome Powell reiterated the need of robust central-bank oversight in the ongoing development of stablecoin regulations by the House Financial Services Committee.
2023-6-22 00:59 | |
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The Federal Reserve chair gave his opinion on draft crypto legislation at the House Financial Services Committee’s semi-annual Fed policy hearing.
2023-6-22 21:15 | |
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Federal Reserve Chairman Jerome Powell argued for the need for strong central-bank oversight in stablecoin regulations being crafted by lawmakers in the House Financial Services Committee.
2023-6-22 18:22 | |
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Circle CEO Jeremy Allaire is set to testify before the US House Financial Services Committee today, urging lawmakers to prioritize the primacy of the US dollar and pass essential stablecoin legislation.
2023-6-13 14:12 | |
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Circle CEO Jeremy Allaire published a June 12 blog post featuring testimony that he plans to present to Congress regarding draft stablecoin regulation. Allaire urges for pro-U.S. stablecoin rules Allaire said in his prepared remarks: “The stablecoin bill is a crucial piece of legislation that should be the first step in creating a regulatory framework […] The post Circle CEO praises US stablecoin bill in remarks prepared for House committee hearing appeared first on CryptoSlate.
2023-6-13 01:07 | |
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The United States House Financial Services Committee, led by Representative Patrick McHenry, has unveiled the third draft of the stablecoin bill.
2023-6-10 19:03 | |
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The draft bill is set to go before the House committee for discussion on June 13 and, if approved, could become the first example of crypto legislation in the United States.
2023-6-9 14:13 | |
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As the digital asset industry continues to evolve, so too do the regulations designed to govern it. In a recent development, the US House Financial Services Committee has unveiled a revised draft of a stablecoin bill, a product of bipartisan collaboration, and a potential harbinger of comprehensive US crypto regulation. The bill is the result […]
2023-6-9 14:00 | |
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The Republican chair of the House Financial Services Committee has released a new draft of the leading U.S. legislative proposal for overseeing stablecoins, and it includes some of the positions of Democratic lawmakers.
2023-6-9 07:08 | |
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The Digital Assets Financial Technology Inclusion Committee held a hearing on May 18 to discuss stablecoin policy. In opening the meeting, Congressman French Hill said it is the committee’s aim to put through legislation supporting stablecoins as a recognized payment method.
2023-5-19 00:52 | |
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U.S. lawmakers aren’t yet able to reach across the chasm between Republicans and Democrats’ very different ideas for how to oversee stablecoins, despite notes of hope from both sides evident in a Thursday hearing of the House Financial Services Committee’s digital assets panel.
2023-5-19 19:45 | |
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House Democrats on the Financial Services Committee are considering a new version of proposed stablecoin bill weeks after Republicans on the committee introduced their own discussion draft.
2023-5-13 23:15 | |
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The Bank of England and the US House Financial Services Committee are considering new rules and regulations for stablecoins. Stablecoins offer the possibility of greater efficiency and functionality in payments, but currently sit outside a regulated framework.
2023-4-26 03:01 | |
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The Republicans on the House Financial Services Committee (HFSC) brought forward a discussion draft of legislation for regulating stablecoin issuers. The bill also aims to update and clarify U.
2023-4-25 19:00 | |
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Republicans on the House Financial Services Committee are taking another swing at stablecoin legislation with a discussion draft revealed Monday afternoon, which may mark a new starting point for negotiations with Democrats.
2023-4-25 23:00 | |
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A cluster of major US inflation and jobs reports due this week could spike volatility in stocks and crypto, with Fed policy expectations in focus as liquidity drops. A series of U.S. economic data releases scheduled for this week could…
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Treasury yields, Federal Reserve policy, have put pressure on risk assets, including Bitcoin, during the government shutdown. The longest government shutdown in U.S. history is over, but the crypto markets are still in the red. Just hours after lawmakers finalized…