bitfolio on Nostr: 🚀 The time is now to secure the future of stablecoins in the U.S. 💰 Congressman ...
🚀 The time is now to secure the future of stablecoins in the U.S. 💰 Congressman McHenry, a key figure in the House Financial Services Committee, is confident that the #StablecoinLaw will pass this year. 💪
McHenry emphasized the importance of creating a clear regulatory framework for stablecoins, which are cryptocurrencies pegged to a fiat currency like the U.S. dollar. He believes that a stablecoin bill will be included in the next National Defense Authorization Act (NDAA) in November and that there is bipartisan support for stablecoin regulation. The congressman's confidence stems from the increasing use of stablecoins, particularly Tether, and the need to address potential risks and ensure consumer protection.
💻 Share this post to spread the word and let's make it happen! #cryptonewstoday #Congress #Stablecoins #Legislation #futureproof #Tether #USDC
McHenry emphasized the importance of creating a clear regulatory framework for stablecoins, which are cryptocurrencies pegged to a fiat currency like the U.S. dollar. He believes that a stablecoin bill will be included in the next National Defense Authorization Act (NDAA) in November and that there is bipartisan support for stablecoin regulation. The congressman's confidence stems from the increasing use of stablecoins, particularly Tether, and the need to address potential risks and ensure consumer protection.
💻 Share this post to spread the word and let's make it happen! #cryptonewstoday #Congress #Stablecoins #Legislation #futureproof #Tether #USDC