Tag: Stablecoins

Representative Patrick McHenry, the chairman of the U.S. House Financial Services Committee, has released the third version of the stablecoin legislation titled "The Future of Digital Assets: Providing Clarity for the Digital Asset Ecosystem."  This latest version of the bill, which incorporates specific suggestions from bipartisan committee members, was published ...

On May 10, 2023, Latrice Walker, a Democrat in the New York State Legislature, introduced a bill with partisan support that aims to include stablecoins pegged to the US dollar as a recognized form of payment for bail bonds. The proposed bill seeks to expand the options for payment methods ...