Congress hands the crypto industry two wins and a loss before August recess

  • 📰 CNBC
  • ⏱ Reading Time:
  • 6 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

The crypto lobby notched wins when a key House committee advanced bills that laid out industry backed regulatory frameworks for digital assets and stablecoins.

his long-awaited stablecoin regulatory framework, the Clarity for Payment Stablecoins Act, creates a "uniform federal floor" for the digital assets, and protects consumers by requiring stablecoins to be backed "one-to-one by specific high-quality liquid assets."the bill undermines its own requirements by allowing any federal or state regulator to expand the list of eligible reserve assets.

But these victories were tempered by an effort in the Senate to rein in crypto's far-reaching influence.

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités