đ° News Alert...
đ Title: Senate Majority Leader Expects Stablecoin Legislation Vote Before Memorial Day
đď¸ Published: 2025-04-29T12:15:01-04:00
đ Summary: U.S. Senate Majority Leader John Thune has indicated that a vote on stablecoin regulation is expected prior to the Memorial Day holiday on May 26. This comes as the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS Act), introduced by Senator Bill Hagerty, awaits Senate action after passing through the Banking Committee. The proposed legislation aims to limit stablecoin issuance to only those entities designated as permitted payment stablecoin issuers, thereby establishing a regulatory framework amid ongoing discussions about the role of stablecoins in the financial system. Accompanying this effort is the House's STABLE Act, aimed at ensuring transparency and accountability in stablecoin management.
đ
https://cointelegraph.com/news/senate-majority-leader-john-thune-stablecoin-bills?utm_source=rss_feed&utm_medium=rss&utm_campaign=rss_partner_inbound
đď¸ Source: Cointelegraph by Turner Wright
đ #Stablecoins #Legislation #FinanceRegulation
tzongocu
npub10uâŚmz5qy
2025-04-30 01:01:17
Author Public Key
npub10u8xfdfw7447c26c34rql333yh6k0kevq9x3an8gqmvdtdpqnchqpmz5qyPublished at
2025-04-30 01:01:17Event JSON
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"content": "đ° News Alert...\n\nđ Title: Senate Majority Leader Expects Stablecoin Legislation Vote Before Memorial Day\nđď¸ Published: 2025-04-29T12:15:01-04:00\nđ Summary: U.S. Senate Majority Leader John Thune has indicated that a vote on stablecoin regulation is expected prior to the Memorial Day holiday on May 26. This comes as the Guiding and Establishing National Innovation for U.S. Stablecoins (GENIUS Act), introduced by Senator Bill Hagerty, awaits Senate action after passing through the Banking Committee. The proposed legislation aims to limit stablecoin issuance to only those entities designated as permitted payment stablecoin issuers, thereby establishing a regulatory framework amid ongoing discussions about the role of stablecoins in the financial system. Accompanying this effort is the House's STABLE Act, aimed at ensuring transparency and accountability in stablecoin management.\nđ\nhttps://cointelegraph.com/news/senate-majority-leader-john-thune-stablecoin-bills?utm_source=rss_feed\u0026utm_medium=rss\u0026utm_campaign=rss_partner_inbound\n\nđď¸ Source: Cointelegraph by Turner Wright\nđ #Stablecoins #Legislation #FinanceRegulation",
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