Rep. French Hill said the digital assets subcommittee plans to use its stablecoins draft as a model for how it will approach digital asset regulation moving forward.
Katherine Dowling, Bitwise Asset Management General Counsel and Chief Compliance Officer explains why stablecoin regulation could be Congress' top priority as a "narrower issue."
Sen. Kirsten Gillibrand, one of the most crypto-friendly Democrats in the Senate, said she hopes a regulatory bill will be introduced in the “next few weeks.”
The Biden Administration has nominated Martin Gruenberg, the longest-serving FDIC board member in history, to return to the chairmanship he held under Obama.