House Subcommittee on Digital Assets, Fintech Schedules Another Hearing on Stablecoins

May 12, 2023 @ 10:36 am By JD Alois

The Chairman of the House Financial Services Committee, Patrick McHenry, has announced another hearing on stablecoins. Scheduled by the Subcommittee on Digital Assets, Financial Technology, and Inclusion, the hearing is entitled: “Putting the ‘Stable’ in ‘Stablecoins:’ How Legislation Will Help Stablecoins Achieve Their Promise.”

The Committee has held hearings on stablecoins in the past, and industry chatter anticipates a bi-partisan bill to soon emerge from the Committee, which has a solid shot of being approved by the House.

At a hearing last month, the same subcommittee distributed draft legislation for the stablecoin market.

While the individual witnesses have yet to be announced, they should be revealed in the coming days.

The hearing will take place on Thursday, May 18, 2023, at 9 AM ET. The hearing will be live-streamed on the Committee’s website.

Reg A - Form 1-A Filings Beta

Beta. Initial Form 1-A only. Target raise is the stated Amount to be Raised, totaled. Compared with the same dates one year earlier.

YTD: Jan 1, 2026 - Oct 24, 2026 vs Jan 1, 2025 - Oct 24, 2025

Number of Filings131Prior 126 +4.0%

Target Raise, Total$3.40BPrior $3.54B -3.9%

	This YTD	Year prior	Change
Filings	131	126	+4.0%
Target raise	$3.40B	$3.54B	-3.9%

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Source: DisclosureQuest. Initial Form 1-A only.

Created by Crowded Media Group

This display counts initial Form 1-A filings only. It does not represent subsequent filings, including Form 1-A/A amendments or Form 1-A POS post-qualification updates filed by the issuer. Amounts are the stated Amount to be Raised on the initial filing, not capital raised and not amounts revised in later filings.

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