US Congressman McHenry Positive on Progress of Stablecoin Bill in House

Wednesday, 20 March 2024, 18:29

US Representative Patrick McHenry has highlighted the progress in stablecoin legislation despite recent disruptions in Congress, citing that a bill is close to being finalized in the House. The stablecoin bill is poised for a floor vote, offering potential clarity and regulation in the crypto landscape.
https://store.livarava.com/8d213650-e6e9-11ee-968c-5254a2021b2b.jpe
US Congressman McHenry Positive on Progress of Stablecoin Bill in House

US Congressman McHenry on Stablecoin Legislation

US Rep. Patrick McHenry (R-N.C.) expressed optimism about the advancement of stablecoin legislation in the House of Representatives. He noted that despite challenges in Congress, the bill is now close to completion.

Progress Amid Chaos

McHenry acknowledged that recent disruptions led to delays in the crypto legislation process. However, he emphasized that the stablecoin bill has made substantial headway and only awaits a floor vote for finalization.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


Related posts


Newsletter

Get the most reliable and up-to-date financial news with our curated selections. Subscribe to our newsletter for convenient access and enhance your analytical work effortlessly.

Subscribe