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Rep. Warren Davidson: Stablecoin bill has 'outside chance' of finalizing this year

Coin Telegraph LogoCoin Telegraph1w ago

Rep. Warren Davidson: Stablecoin bill has 'outside chance' of finalizing this year - Coin Telegraph

Quick Summary:

Earlier this week, new draft legislation on stablecoins came to light aimed at "endogenously collateralized stablecoins.

"There's an outside chance we find a way to get to consensus on a stablecoin bill this year".

The CFPB director also suggested that Washington may be neglecting other areas of fintech development due to its intense focus on crypto in recent months.

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Article Details

Author / Journalist: Cointelegraph By Luke Huigsloot

Category: Crypto

Topics: Mastercard CFPB Chopra Davidson Bank of America Visa

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-09-23, 03:43:38

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 3 minutes read

Article Length: 383 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 484043

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website:

Update Frequency: 27 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 7h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #11

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