#DigitalAssetBill The Republicans are working on legislation to regulate digital assets, including stablecoins.
A discussion draft published by Chairman French Hill and Subcommittee Chairman Bryan Steil aims to establish a framework for payment stablecoins, providing clarity and a federal path for issuers.
Potential benefits of clear regulation:
- Increased investor confidence: Clear rules could attract more investors and promote market stability.
- Innovation and growth: Regulatory certainty can foster innovation and growth in the cryptocurrency industry in the United States.