Introduced by Sen. Bill Hagerty on Feb. 4, the bill has gained support from Senate Banking Committee Chairman Tim Scott and Senators Kirsten Gillibrand and Cynthia Lummis. The bill builds on a ...

US Senate Banking Committee ... led stablecoin framework bill on March 13, after it was updated following consultation with ...

The United States Senate Banking Committee elected ... Related: The GENIUS stablecoin bill is a CBDC trojan horse — DeFi exec ...

The Hagerty bill would allow stablecoins, which are volatile deposit-like instruments, to be offered to the public without the essential protections provided by federal deposit insurance and other ...

The Senate Banking Committee voted March 13 to advance a bill regulating stablecoins, clearing the first hurdle for the bill to become law. The bill — sponsored by Committee Chair Tim Scott, R-S ...