The House Finally Introduces a Stablecoin Bill, But Will Crypto Opponents Even Come to the Table?
The Breakdown
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The House's Digital Assets Committee Hearing on Stablecoin Legislation
The House Financial Services Committee's digital asset focus subcommittee will hold a hearing on this stablecoin legislation. Witnesses for that hearing include the New York Department of Financial Services Superintendent Adrian Harris, who oversaw the shutdown of Signature Bank in March. The subcommittee will also hear from three crypto advocates, including Jake Travinsky, the Chief Policy Officer at the Blockchain Association and Dante Desparte, the Chief Strategy Officer at Circle.
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