Tagged: the stable act

Taxbit Shares Insights on Stablecoin Legislation Landscape in the US

Taxbit notes that the rise of stablecoins—digital assets pegged to stable values like the U.S. dollar—has transformed the financial landscape, offering efficiency, accessibility, and stability in transactions. However, this innovation comes with a complex regulatory environment, particularly in the United States. As governments and regulatory… Read More

Stablecoins: Who Benefits from the Stable Act

Nansen is out with a report on the Stable Act, the legislation that creates a regulatory environment for fiat based stablecoins, and who is most likely to benefit. The report notes that yield-bearing, decentralized offerings will be no more as the digital dollar must be… Read More

The STABLE Act Approved by House Financial Services Committee

Following markup, the STABLE Act was approved by the House Financial Services Committee. The legislation provides rules for issuers of stablecoins. The STABLE Act passed through the Committee markup hearing by a vote of 32-17. Representative Bryan Steil thanked Committee Chair French Hill for supporting… Read More

The STABLE Act Moves Forward in Markup Hearing

The Stable Act, legislation designed to clarify the issuance of stablecoins, is in markup today as the House Financial Services Committee seeks to move the bill towards approval. The legislation is bipartisan, having been sponsored by both Republicans and Democrats, including Representatives Hill, Torres, Emmer, Huizenga, Meuser,… Read More

The STABLE Act is Officially Introduced as House Aims to Create Regulated Environment for Stablecoin Issuance

While a draft version of the Stable Act has been in circulation for some time now, the House Financial Services Committee has officially introduced the legislation, which aims to enable a regulated environment for the issuance of stablecoins. While many global jurisdictions are pursuing CBDCs… Read More

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