US Rep French Hill Provides Timeline For Stablecoin Legislation

Quick Summary:

US Congressman French Hill, who serves as the Chairman of the House’s Subcommittee on Digital Assets, has provided a timeline for when the Stablecoin bill could be passed, suggesting that this could happen as early as year-end.

There is optimism that the Stablecoin bill will become legislation by next year even if Congress doesn’t pass it this year.

During an interview on the Thinking Crypto Podcast, the US Congressman suggested that the US House could pass the Stablecoin legislation by year-end.

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Article Details

Author / Journalist: Boluwatife Adeyemi

Category: Crypto

Markets: India

Topics: Stablecoin bill Crypto Regulation Donald trump Gary Gensler Regulation News Stablecoin News 24/7 Cryptocurrency News Us congress

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-23 @ 17:50:43 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 499 words

Reading Time: 3 minutes read

Sentences: 34 lines

Sentence Length: 15 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 23217067

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