Stablecoin Regulation Deal Expected Soon

The latest commentaries from Representative Maxine Waters have reignited hopes that a new stablecoin law could be in effect soon.

For those waiting on clarity surrounding stablecoins in the U.S., Representative Maxine Waters (D-CA), a key figure in the House Financial Services Committee, has indicated that a stablecoin bill could be finalized soon. What Happened: “We are on our way to getting a stablecoin bill in the short run,” Waters told Bloomberg in a recent interview.

US Representative Maxine Waters, ranking member of the Financial Services Committee, has indicated that a bipartisan consensus on stablecoin legislation is within reach.

Key Democrat Rep. The post Top FSC Democrat says stablecoin bill is imminent appeared first on Crypto Briefing.

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.”

Representative Maxine Waters, leading Democrat on the Financial Services Committee, foresees an agreement with Chairman Patrick McHenry concerning stablecoin regulation. This anticipation aligns with Senators Cynthia Lummis and Kirsten Gillibrand's introduction of bipartisan legislation aimed at regulating stablecoins.