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Stablecoin Bill Unlikely to Get Pinned to FAA Reauthorization, Putting Effort On Hold Again

[Apr 30 1:49 PM] Advocates for long-awaited U.S. stablecoin legislation tried to tie it onto an unrelated must-move reauthorization bill, but leaders in the Senate and House of Representatives are seeking to keep that effort clear of such attachments, according to…

The Solution for Stablecoin Regulation

[Apr 17 3:00 AM]

US Treasury Secretary Janet Yellen Urges Congress To Pass Crypto Legislation

[Feb 6 8:00 PM] In a recent statement before the House of Representatives, US Treasury Department Secretary Janet Yellen emphasized the need for Congress to pass legislation that provides clarity and regulation in the crypto markets.  Secretary Yellen Calls For…

Crypto Needs Congress, But U.S. Lawmakers Have Opted for Pandemonium

[Oct 9, 2023 8:24 AM] Without the U.S. Congress outlining a clear system of rules, the crypto industry fears it’ll be relegated as a volatile financial backwater. But Capitol Hill is beset by drama, including a U.S. House of Representatives that fired its speaker and a…

The FIT Act Is the Most Comprehensive Crypto Regulation Ever Voted on by Congress

[Aug 16, 2023 5:00 AM]

PayPal’s PYUSD Launch Triggers Calls For Stablecoin Bill

[Aug 8, 2023 4:30 AM] 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.  The Call For A…

Don’t Pop the Champagne on U.S. Crypto Bills – Progress in Congress Has Been Costly

[Aug 1, 2023 12:47 PM] The crypto industry has never made it this far in its quest for a new system of U.S. oversight for digital assets, but the recent flurry of legislative progress may still be too contentious for it to become law.

U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

[Jul 27, 2023 8:00 PM] 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…

Fed Chair Powell Says Central Bank Needs ‘Robust’ Role Overseeing U.S. Stablecoins

[Jun 21, 2023 9:22 AM] 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.

New Stablecoin Bill Drafted by House Republicans as Compromise With Democrats

[Jun 8, 2023 10:08 PM] 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.

U.S. House Committee Publishes Draft Stablecoin Bill

[Apr 15, 2023 2:07 PM] The stablecoin is the first major piece of crypto legislation in 2023.

US Senator Introduces Bill to Regulate Payment Stablecoins

[Dec 22, 2022 7:30 PM] A U.S. senator has introduced a bill to “establish the first federal regulatory framework for payment stablecoins.” The lawmaker explained: “This bill will also ensure the Federal Reserve, which has displayed significant…