Congress weighs stablecoin framework and rejects CBDC overreach

Lawmakers and industry experts discussed the importance of US dollar-backed stablecoins in the financial system and the urgency of a regulatory framework for these assets during a hearing convened ...

By · · 1 min read
Congress weighs stablecoin framework and rejects CBDC overreach

Source: CryptoSlate

Lawmakers and industry experts discussed the importance of US dollar-backed stablecoins in the financial system and the urgency of a regulatory framework for these assets during a hearing convened by the US House Committee on Financial Services on March 11. Titled “Navigating the Digital Payments Ecosystem: Examining a Federal Framework for Payment Stablecoins and Consequences […]

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