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U.S. Stablecoin Bill Takes Big Step Despite Fight From Democrats, White House

A long-awaited stablecoin bill graduated from a House committee in a Republican push, leaving the chair of the House Financial Services Committee lamenting that a bipartisan deal was strangled by the White House.

By Jesse Hamilton, Jack Schickler|Edited by Nikhilesh De

Updated Jul 28, 2023, 10:10 p.m. Published Jul 28, 2023, 2:00 a.m.

U.S. Capitol Building (Jesse Hamilton/CoinDesk)